The difference between a coin an a token is own blockchain factor. Each a coin or a token has a function if every cryptocurrency becomes a coin, some blockchain such as Eth will no longer be relevant. Utility tokens has role they play. I won't choose any the two are important
Topic: Coins or Utility Tokens? (Read 548 times)
I feel utility tokens are solid and way more promising than coins, just my own point of view though
I prefer investing on coins which is already in the market and marked at the top 20 in the CMC. I don't think it would be worthy to invest on utility tokens anymore because of scams all over it's market.
I think Coin is better. Because, the Coin has its own platform. There are many tokens in the market, but there is no specific platform to use those tokens. Tokens are always converted to coins.
At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?
Coin or a Utility token that can be earned by doing something else?
Why do you think a Coin is what you want to see?
Or Why would you want to see more Token projects?
or why you would not want to see either of both
Tell us your reasons why. this be neat
Coin or a Utility token that can be earned by doing something else?
Why do you think a Coin is what you want to see?
Or Why would you want to see more Token projects?
or why you would not want to see either of both
Tell us your reasons why. this be neat
To me, its not really important which (either coin or token) we have more in crypto. What matters most is the impact made in cryptocurrency in terms of boosting crypto usability and adoption. Libra proposed launch news did more for crypto than hundreds or coins and tokens that have launched in the last 12 months
There is nothing new to it. More projects, more tokens and coins but nothing has changes some are always ended up a failure. So I won't be bothered to choose over the two because I am always going to choose bitcoin, ripple, those who are in the top 10 list in the market. Because choosing them would just put me to much more riskier situation than I am already am.
Utility tokens? Failed.
Security tokens? Failed.
What is next?
Everything is just a buzzword. When you look deeply, the tokens can´t be interesting for investors because token doesn´t guarantee you anything. So why investors are buying it? Because they believe that still there are people that do not understand how tokens really work.
Security tokens? Failed.
What is next?
Everything is just a buzzword. When you look deeply, the tokens can´t be interesting for investors because token doesn´t guarantee you anything. So why investors are buying it? Because they believe that still there are people that do not understand how tokens really work.
Coins are utility coins on its own blockchain, you pay fee for transactions on this blockchain.
Utility tokens are used as a utility on some service and in most cases they are built on diffrent blockchain (Ethereum, Tron, NEO..).
We can´t say what is better, but we can say that many utility tokens are useless because noone is really using the services.
Utility tokens are used as a utility on some service and in most cases they are built on diffrent blockchain (Ethereum, Tron, NEO..).
We can´t say what is better, but we can say that many utility tokens are useless because noone is really using the services.
At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?
Coin or a Utility token that can be earned by doing something else?
Why do you think a Coin is what you want to see?
Or Why would you want to see more Token projects?
or why you would not want to see either of both
Tell us your reasons why. this be neat
Coin or a Utility token that can be earned by doing something else?
Why do you think a Coin is what you want to see?
Or Why would you want to see more Token projects?
or why you would not want to see either of both
Tell us your reasons why. this be neat
What I do really want to see in the market are utility tokens because I do believe of the capacity and capability of utility tokens since they are made or created to serve for a purpose. Those are coming from projects that are made and meant to resolve social issues through the use of the modernized technology which can be done using cryptocurrency. What I want most likely to happen is to have more utility tokens and not just plain coins because for me, tokens must exist on purpose and not just existed for display or for nothing. We all know that the market is already crowded as of the moment, so to be able to be useful for everybody, not just for the sake of earning profit from it, I would rather see utility tokens to exist in the market to serve on a better purpose so that its existence will be worth it in the market as well as for the community.
By far I think for legalities sake the safest option would probably be for me to choose a utility token, as long as it isn't a security. Many projects are in the past and up to now have faced big hurdles with convincing the regulators like the CFTV and SEC that their start coins are not securities and are in fact tokens based upon and around their utility. Just look a Telegrams token offering, it was touted as a utility token, but the SEC gave them the shakedown and made them cease and desist all activity related to their token while an investigation is underway.
Scary to say the least, as this will be a daunting hurdle for many projects in the future to overcome.
Scary to say the least, as this will be a daunting hurdle for many projects in the future to overcome.
More of the tokens is just a waste of many. If you continue investing in token you may experience many lost. Ill never say you will not experience lost in coins but in tokens this things will always happen.
Yes it is true and if I had to choose I would prefer coins rather than tokens, because like what you said most tokens are ultimately worthless and the price actually falls away and in the end only gives a loss and wastes our time, so that I personally will for now choose to invest in the top coins to minimize the possibility of getting a loss or failure can be an investment that I do.
Teams are whats driving these projects and people forget that most of the time. If a project has a team that is dedicated and puts all the money and effort into it and gets funding from people but use it wisely and tries the very hardest to make the project better and better and better every single day, whatever that project is will go up.
Usually in regular life, you don't have that many business where you can say "hey I am opening a grocery shop, I will give you tokens of it if you give me funding, you won't be able to spend it here but it would be nice gesture and you may sell the tokens to other people" and collect millions of dollars. In crypto world that is possible so people who know how valuable that is will work on their project harder and succeed, others will fail, doesn't matter if it is token or coin.
Usually in regular life, you don't have that many business where you can say "hey I am opening a grocery shop, I will give you tokens of it if you give me funding, you won't be able to spend it here but it would be nice gesture and you may sell the tokens to other people" and collect millions of dollars. In crypto world that is possible so people who know how valuable that is will work on their project harder and succeed, others will fail, doesn't matter if it is token or coin.
Tokens are only suitable for marking special events or objects, and for having their own blockchain main chain. It can implement smart contracts. Compared to tokens, it is more advanced. They can be used in different places and work together. Of course, in the cryptocurrency world, there is a lot of deception. The cost of token deception is much lower than the cost of the main chain currency. Many people hate the existence of tokens. In real life, only tokens have use cases. I think there will be tokens that support this. For cryptocurrencies to develop, they must be combined with real life.
It depends on the project. I don't think that there is a definitive answer.
I personally am biased towards coins, especially when it comes decentralized coins. This is because I believe that the only function that a decentralized currency needs to fulfill is being exactly that - a currency. It doesn't need to provide any utility other than that, because a lot of times it is unneeded.
But at the same time, some coins are completely useless while other utility tokens, like Bittorrent, are actually useful.
It's all relative. Theres nothing absolute.
I personally am biased towards coins, especially when it comes decentralized coins. This is because I believe that the only function that a decentralized currency needs to fulfill is being exactly that - a currency. It doesn't need to provide any utility other than that, because a lot of times it is unneeded.
But at the same time, some coins are completely useless while other utility tokens, like Bittorrent, are actually useful.
It's all relative. Theres nothing absolute.
IMO, we have many of them already but if there's something useful which can give rewards in return for a service what that could be? many have promised the same feature but few of them succeeded. The PoS coins, the coins that shares dividends, the masternode coins. I can't think of what's going to be the next coin that we need to have if many of them until now aren't at the top.
Nowadays, there are many digital cryptocurrency projects. At that time, they were really valuable, and the projects that could actually be implemented were rarely seen. As an investor, you need to see the prospects of the project and then consider whether to invest in it.
Indeed there are many digital cryptocurrency projects nowadays but I think to benefit from cryptocurrency at this time in my opinion is not so easy. Many new projects actually turned into scams and several other projects have failed, for me personally for now it is better to play safe and not rush in deciding to invest because sometimes because we are too rushed to make us get a failure in investment.
New coins, new tokens, even new coins are coming a lot daily every hour in the cryptocurrency space. This is great and helpful for every investor. Take advantage of it.
Apart from the ones you have mentioned: utility tokens and coins, there is also security tokens. It depends on what you want, but I mainly invest in coins and not these ones. Security tokens are quite safe and different from the other two and reason is because they are being regulated. The value of security tokens is being derived from external tradable assets like real estate, or stocks.
It all depends on what you like, some people believe that STO's are better investment because they are being regulated, so they are safe. I have never invested in such before, I always go for coins.
It all depends on what you like, some people believe that STO's are better investment because they are being regulated, so they are safe. I have never invested in such before, I always go for coins.
I would prefer a utility token/coin than just a plain one without any usage whatsoever, if a coin/token what to gain value overtime, then there should be a usage for it otherwise it will end up in the long list of shitcoins.
coin can also be earn not just tokens but tokens are usually we see being given away by some bounties , aidrops and other kinds . tokens are also the one that being released more oftenly . we cant stop them to produce but id like to see more useful and has a real case use so that i wont be pissed off or wont get anoyed everytime theres a new that goes out . however when it comes to coin choice id go for standard crypto coins because they are more acceptable and can easily sell out .
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