# Standard token

Standard tokens on the TON network (the so-called jettons) are simple fungible assets similar to standard coins on other blockchains. Each user holds their jettons in an individual wallet-contract, which scales together with the network.

To mint such a token on the Ton Raffles platform, you can use the intuitive web form. Before starting, make sure you have a TON wallet and sufficient TON and $RAFF balance.

{% hint style="info" %}
The minting cost is the burning of **$1 worth of RAFF**, based on the exchange rate at the moment of creation.
{% endhint %}

> Ton Raffles utilizes a [modern jetton contract](https://github.com/EmelyanenkoK/modern_jetton), enabling users to withdraw locked TON and tokens directly from their jetton wallet contract.


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