we want to give tokens/coins to people who get people to sign up. Would this be better to create a coin or token?
Looks like you talking about refferal system or people who sign up you awarded with coin. This is good for pramoting the project but for this purpose creating a coin I don't think so it's a good idea. I mean what is the purpose of coin and how that specific coin will be increase in the value that's also important. So think think most important things is concept of the idea behind the coin. If you clear your idea it could be more easy to get advise from all crypto enthusiasts on this platform.