Post
Topic
Board Altcoin Discussion
Re: PURPOSE OF TOKEN?
by
liseff3
on 04/10/2018, 22:58:31 UTC
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.

The purpose of creating tokens is as a domestic currency to pay for their goods and services in the blokchain system.
Allows someone to invest money into projects with high liquidity. Tokens can be used, as a tool for financial transactions, with a guarantee of a fixed interest rate, with a return for a certain period. Allows anyone who wants to invest in a startup with a guarantee of obtaining part of the cost of revenue or transactions for all cryptocurrency in the payment system.