Quote from: TeMHuK on December 30, 2017, 12:53:06 PM

Quote from: Effekt on December 30, 2017, 12:17:07 PM

Quote from: andrew2221 on December 30, 2017, 10:06:53 AM

Just to extend your knowledge. Token is more wider notion than coin. Every coin is a token but not every token is a coin. Things depend on implication of the balance on the concrete address in blockchain. So MNX can be refered to either as token or coin.

Coins are digital assets that operate solely as currencies, and they reside on their own blockchain.
Tokens represent assets or utilities that are fungible and tradable, and they exist on top of a blockchain.

This is a coin because it is a currency. That is its whole premise, being a low volatility currency. If they create their market place and allow businesses to operate on their blockchain, then those businesses will likely be able to create their own tokens for use on top of the MNX blockchain.
Unless Minex opens up its platform in such a way to allow tokenizing real world assets through them directly, then Minexcoin itself will probably never actually be/operate as a token.

Bravo. I'm happy to see someone who knows where is difference between coin and token.

I'm surprised there's people invested in crypto as serious as this coin that actually don't know the difference.

Extending my commentary on this being a coin, I'm assuming that after they get their debit card going (Q4 '18 iirc?) they'll maybe work on directly tokenizing real world assets. Like a bank that buys/sells property, absorbs collateral/liens, provides loans/mortgages, etc. If that were to happen, then this coin would also be a token, and this platform would pretty much become a full-blooded bank.