Summary:
Many different currencies have been created. AltCoins which have a virtuous purpose of exchanging value, and conversely we can find ShitCoins, a virtual currency that is designed to speculate with the help of large investors who pull out when trends rise, causing the value to collapse to near zero. The utility token is much more than that, much more than a currency because it has a real use. It is not only a currency, but it can be exchanged for a specific service or product. In this video, we explain the principle, and the usefulness for startups to use them.
Many different currencies have been created. AltCoins which have a virtuous purpose of exchanging value, and conversely we can find ShitCoins, a virtual currency that is designed to speculate with the help of large investors who pull out when trends rise, causing the value to collapse to near zero. The utility token is much more than that, much more than a currency because it has a real use. It is not only a currency, but it can be exchanged for a specific service or product. In this video, we explain the principle, and the usefulness for startups to use them.