Post
Topic
Board Altcoin Discussion
ICO - Is there a definitive difference between a new coin and a new token?
by
Golfmad
on 13/02/2018, 13:22:14 UTC
I been wondering what everyones take is on what classes as an ICO.

For example:

  • I download an already established coin from Github and then convert it to be used for my purposes
  • I create a new project and token i.e. Cryptocitties on top of the Ethereum platform.

Technically they are do different things, 1 is a coin and 2 is a token. Does the term "ICO" cover both of these when you are trying to promote your new project?