Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
Like stock exchanges companies issue shares to public, In blockchain world companies issue token to investors. Investors invest for the hope of rise in price after the ico.
Tokens can be sell on exchanges and can be converted into BTC.