Post
Topic
Board Altcoin Discussion
Re: Difference between Coin and Token?
by
Laxus215
on 21/08/2018, 07:28:50 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)Coins are built on their own blockchain ( example ETH, NEO, Stellar etc) while tokens are generated on coins blockchain platforms.
2) No coin does not act as a token in other ecosystem of the project. But if that other ecosystem of the project have design to give rewards like dividend than you can earn the rewards take example of KUCOIN Shares.
3) about Utility and Security tokens or coins you can find information here https://www.google.co.in/amp/s/cointelegraph.com/news/legitimising-the-ico-token-finding-utility-over-security/amp
4)Depends on the roadmap some tokens are launched on other blockchain platform to raise the funds but later they come up with their own blockchain as per their roadmap example Zilliqa, Quarkchain etc.