I also don't know before, actually coins and tokens is no difference, only if the coins are full listing on the market and full using the platform, while tokens are usually still in the introduction on ICO and non ICO project
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.
Wrong!
Coin and token both were different read the above most to know their difference!
Coin is built on their own blockchain whether the token just created on other coin's blockchain.