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Topic: What are utility tokens and are they neccessary? (Read 42 times)

jr. member
Activity: 43
Merit: 1
February 26, 2018, 02:52:19 AM
#1
Recently, I was doing a research on an ICO event by JOYSO. Their concept of hybrid decentralized exchange sounds pretty convincing, but I wonder if the JOY utility token is a necessity? Not sure if I understand it correctly, but isn't it also possible that the entire transaction is done without the utility token(with ETH, for example)?
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