Could someone please explain to me what is the difference between an Altcoin and a Token.
I'm a newbie, so please don't mind me asking.
I took part in some airdrop recently and now I was told that it is a token and not a coin. What does that mean ? What can I do with it ?
Can I trade tokens ?
What's the point of having tokens ?
I thinks its funny to find out that you are a member rank but you don't know the differences between altcoin and token. The main differences of them are
their structure which is altcoins was separate currency with their own separate blockchain. And tokens on the top that has services to the creation of decentralized application.