What is a Token Contract Address?

In Ethereum there are two types of addresses. External and Internal. External addresses are addresses owned by users in the world. They are External to the blockchain. Internal Addresses are addresses that are generated when a smart contract(compute logic) is deployed. This internal address when used to deploy Tokens both Fungible and Non Fungible(NFTs) is called the “Token Contract Address”. It holds all the information about the digital asset or NFT.