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Board Beginners & Help
Merits 1 from 1 user
Re: Important to know: Difference Coin / Token and shady marketing practices
by
Faisal2202
on 19/08/2023, 17:26:17 UTC
⭐ Merited by JayJuanGee (1)
False marketing is deceiving buyers
Did not come to think of it before but that's actually a good strategy to create bad image of a coin. Like making shit posts with token tags instead of #coin tags would create bad image of a coin but still who do not even know the difference of Coin and Token will not bother to think the about such things but those who know the different like me I knew the difference of Coin and Token before but I did not knew that the price of each or value of Coin is more than the Token. I am asking it again are you saying a Coin has the more potential then a token just because token does not have its own blockchain. Let's say a coin just came into the market with some new blockchain with some old mechanism like POS etc. And there is a token based on ETH blockchain and that Token platform is also getting more investments and trust over that Coin base platform. Does it still mean coin is better one instead of token?

Same thoughts goes for the ICO and ITO and I am agreed with your point that projects which are introducing a token but using the term of ICO should be changed to ITO. But what difference it will make as tokens or coin price is not solely drive by the dependency on Blockchain.