I have certain doubts about Coins and Tokens and are following:
1.Difference between Coin and Token.
2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?
3.Coins are securities or Utility?
4.Can Token act as a coin and can be used for transaction other than the platform?
In my understanding a token and coin has no vast difference, only a little difference makes names as coin and token.
When an asset is in sales/Ico mode, it is called a tokens.
After it is fully launced and listed on an exchange, it becomes a coin.