When this card is Summoned, toss a coin: ● Heads: During your Standby Phase, you can Special Summon 1 "Moon Token" (Fairy-Type/LIGHT/Level 1/ATK 0/DEF 0). ● Tails: During each of your End Phases, select 1 monster you control and give control of it to your opponent.
You could easily gather this information by reading the card.
Tokens aren't any different to any other monster aside from not existing outside the field and not being able to be flipped face-down. (Not existing off the field prevents them being sent to the Graveyard or returned to the hand/Deck for costs or summoning conditions that aren't base game mechanics like Synchro Summons.)
Probably, then again, i prefer to test things rather than merely reading
Did you check my post on Sea Stealth Attack? That card says "if a monster whose ORIGINAL level is 5 or higher battles an enemy opponent, it can destroy it".. well, yesterday in the Kaiba Cup i had a lvl4 monster using that effect and also, SSA effect goes past Power of the Guardians even though that should be 100% impossible