Topic: Difference between Coin and Token? - page 2. (Read 211 times)
Basically, as a function, coin act like money, they may be sent, received nor mined by the miners (act like money). While tokens have a different function besides can be sent or received, such as offer a product or service that a part of the project. Both can use for payment/rewards.
I have certain doubts about Coins and Tokens and are following:
1.Difference between Coin and Token.
2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?
3.Coins are securities or Utility?
4.Can Token act as a coin and can be used for transaction other than the platform?
In my understanding a token and coin has no vast difference, only a little difference makes names as coin and token.1.Difference between Coin and Token.
2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?
3.Coins are securities or Utility?
4.Can Token act as a coin and can be used for transaction other than the platform?
When an asset is in sales/Ico mode, it is called a tokens.
After it is fully launced and listed on an exchange, it becomes a coin.
I have certain doubts about Coins and Tokens and are following:
1.Difference between Coin and Token.
2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?
3.Coins are securities or Utility?
4.Can Token act as a coin and can be used for transaction other than the platform?
1.Difference between Coin and Token.
2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?
3.Coins are securities or Utility?
4.Can Token act as a coin and can be used for transaction other than the platform?
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