Jetons came into existence around the 13th century and were used until the 17th century. They were in the shape of coins or tokens and they did not have a set monetary value placed on them. They were used in games such as poker alongside chips and other tokens.
These olden day coins are no longer in use but they have been modernized to meet the needs of the modern world. They can be used in online casinos and users can pay someone with them or use them to withdraw their money. They are converted into the equivalent of the users currency for convenience.