Quote from: aizen10 on August 21, 2018, 06:22:33 AM

Quote from: Zineum on August 21, 2018, 04:37:21 AM

1.Difference between Coin and Token.

Coins has own blockchain and dont use any third party.
Tokens are renting a third party blockchains like NEO and ETH platform

Quote from: Zineum on August 21, 2018, 04:37:21 AM

2.Can Coin act as token for the transactions within the ecosystem of a particular project like giving rewards and loyalty points?

Coins cannot act as token because it is the main product of the projects. unlike tokens are created for other purposes.

Quote from: Zineum on August 21, 2018, 04:37:21 AM

3.Coins are securities or Utility?

a security, as i said coins are created with own blockchain and it is the main product of the projects, it cannot be use as utility particularly for those projects that giving rewards and loyalty points.

Quote from: Zineum on August 21, 2018, 04:37:21 AM

4.Can Token act as a coin and can be used for transaction other than the platform?

tokens can be use for transactions, but cannot be act as coins, most of the tokens created in smart contracts are being swap, or projects decided to create their own coins to be swap to their early created which is tokens to be use to their own platform.

Can you please elaborate why coins cant be used as rewards and loyalty points? Like why they lack that feature?