False marketing is deceiving buyersWhile the term "Coin" evokes more valuable properties, "Token" sounds rather of low quality. As a result, many projects are advertising their product as a "Coin" while in reality, it is (still) a "Token". One should not be deceived by this because projects are frequently doing this to shill their useless crap project.
Projects doing this, should be avoided as it’s a big red flag.
In addition, there’s a new strategy from competing projects to trash competing projects. In a misguided effort, the competing coin is labelled as a token, but in reality, it’s a coin because it’s based on its own Blockchain. But competing projects are labelling it as a token to trash it and provide an effort to scare and discourage potential buyers from buying the competing coin.
It might even happen for competing projects to hire "agents" and place such agents in marketing departments of competitors, where in marketing material, these agents are wrongfully changing the term "Coin" into "Token" to make the competitor coin look bad by calling it "Token".
I am very much happy to have stumbled upon this insightful thread. I must say OP has enlightened members of the platform and crypto community at large by putting up with this article for reading. This has exposed the tricks of most of these shittokens that claims to be a coin deceiving investors in investing in their project. The truth is that since they know investors are very interested in the name coin as it attracts them they use it to get at them and the greedy investors that wants ten x of their investment go to invest in their project and sometimes get trapped in the project as they rug pull.
It is pertinent that most investors should properly ask questions to the project developers why they give their token coin instead of calling it the normal name which should be a token because that is what they use in deceiving people. Only a person who is fully knowledgeable about crypto that would understand that but the rest of the others are just good at waiting to take profit from their investment and in some cases they do not see anything but being scammed.
1miau I find this topic to be of great expository and would want to seek your audience to translate it to my local language (Nigeria board) so that they could see it and learn from it as well.