> For the complete documentation index, see [llms.txt](https://docs.ternoa.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ternoa.network/learn/caps-token/utility.md).

# Utility

CAPSULE COIN (CAPS) is the native coin of Ternoa.

Transactions made on the Ternoa blockchain are carried out in CAPS.

They include the following:

* Minting new NFTs
* Adding (collateralizing) data to a NFT
* Encrypt data attached to a NFT
* Transfer a NFT

Demand for NFTs and secured and decentralized storage are the two main appreciation factors of CAPSULE COINS on secondary markets.