Post
Topic
Board Altcoin Discussion
Re: PURPOSE OF TOKEN?
by
Btcwashu
on 28/05/2018, 21:07:50 UTC
this token in the future is expected to be of high value, depending on the success of the application developed by the ICO providers in solving the problem.

The token objective offers functionality over digital money. They can provide value to investors, beyond speculative returns. It can happen in many ways, though usually through repurchase (because dividend payments require regulatory issues). They can be used to hold votes by the community on key business decisions, or even technical changes to the platform.

A token is actually nothing more than a new term to make reference to a unit of value issued by a private entity.   Although tokens bear many similarities with bitcoins they have a value attached to them which is accepted by a community and are blockchain-based, they serve a much broader purpose. Tokens are more than a currency because they can be used in a broader range of applications.