Post
Topic
Board Altcoin Discussion
Re: Difference between Coin and Token?
by
makishart
on 21/08/2018, 05:28:32 UTC
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?
1 Coin builds on its platform called blockchain and token is an asset that created in the platform itself.
2 it can as long as there will be a future roadmap that token will be swap into the coin and then use its own blockchain
3 AFAIK the only coin that i know that not as a security is only bitcoin and ethereum.
4 It can't because the token can only be used on its own platform.