Quote from: zalando95 on November 04, 2017, 01:55:21 PM

Hey!

My team and me are currently planning a new project where we are internally discussing on whether using an own token or an own coin.
We are planning a project, where we and the users also should be able to use that coin/token on the website.
As both are usable and good, both have good and bad sides.

Coins (our favorite):
+ More easily usable in the platform/website
+ Fees cost only in the own currency/coin
+ No need for third party coins
+ We have enough experience to start with a Coin
- Each user needs a new wallet (not always! We work on a web wallet

)

Token:
+ To buy/get and hold tokens is very easy
+ They already are easily usable in several wallet software
- Transactions need Ether/Gas
- Using them in a project would cost probably very much as each transaction costs something
- Implementing them into the website is a much bigger task
- We don't have enough experience yet
> Is maybe not even possible

To go more in detail, we want to make a project where users need to pay for certain actions, but also get rewards, each paid in our own currency.
We atm do not plan to make an ICO before, instead, we want to use a combination of the currently very popular airdrop and ICO combined.
Even as Token are useful in ICO, we tend to better use an own coin.

Thank you for participating in the poll!

It would depend on the type of coin/token that I would prefer. If it is a Junk coin, then I would pass. Same thing for tokens, those are easily created with a few clicks and could be junk. Now a token is only an asset of the company; to which the company can have potential. I would invest in tokens if that were the case. Now for a coin, it would need to be unique and different from the rest of the altcoins. I would have to ask the questions, what makes this coin special and could it compete with bitcoin.