Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments (ICO closed!)
by
TeMHuK
on 07/10/2017, 22:34:17 UTC
Why not return everyone's money, If you cant let our tokens to trade on exchange. August was the date for taking Mnx to exchange...then comes September..Now goes october... Are you guys gambling with people's fund?

Hello |Admiral|!

MNX is not a token, but a coin with its own ecosystem.
We have implemented and continue to implement our RoadMap (p. 28 of https://minexcoin.com/html/download/wpeng.pdf).

What are  the main features that qualifies MNX as a coin but not a token? So far I see it rather as token that used to access the service of Minexbank and get the  part of the interest received from the mining.
Coin must have their own independent blockchain like BTC, ETH etc. Token does not have their own blockchain they have to rely on some other project's blockchain like REP, EBTC etc. But there is more than this simple definition. You can google it yourself or read this (https://medium.com/startup-grind/understanding-the-difference-between-coins-utility-tokens-and-tokenized-securities-a6522655fb91, this(https://news.21.co/thoughts-on-tokens-436109aabcbe) and this(https://www.linkedin.com/feed/update/urn:li:activity:6296022372378124288/).
Thank you. I'm very happy now, because people started to understand where is difference.  Wink