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.
ICO projects are using tokens to attract people to invest to them. Tokens can be used sometimes to by products from the platform of the project but most of the time you can just sell it. Long ago, investing in tokens are great way to earn fast and huge money but now, as scam projects have become more often, it has been really risky to buy tokens from ICOs.