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?
We need to judge here from case to case.
You are right that there can be a very bad Coin, for example, when weak, copied and outdated tech is implemented.
And there can be a very good token, where the project is unique, like UniSwap.
Sometimes, a project is better on an existing blockchain.
But on an average basis, a coin is much better than a token: add up all coins and all tokens and you'll get an average.
For example out of our top 10 cryptocurrencies, 7 cryptocurrencies are coins and 90%+ of crypto's market capitalisation is owned by coins.
Reasons for this can be:
- a coin has much more potential, like Bitcoin and Ethereum, are providing a whole digital currency (BTC) or independent platform (ETH), where tokens can be launched on
- a token is dependent on the plaform where it was launched on, it is limited to that platform and even can fail if the underlying platform fails
...
So, a coin has just more
potential. If it's indeed better, needs to be judged from case to case by evaluating the tech of each coin.
While we can't judge for every single project, the average is very clearly in favor of coin, like we can see on CoinMarketCap.