Phrases with «utility tokens»

"Utility tokens" are a type of digital currency or tokens that are used to access or interact with a particular product, service, or platform. They have value because they provide a specific utility or function within a specific system or network. Utility tokens can be used for things like making transactions, accessing features, or getting rewards within that system. Full definition

Related phrases

Sentences with «utility tokens»

  • When purchasing security tokens, each investor gets the same number of utility tokens as a bonus. (crowdfundinsider.com)
  • In all 20 % of the tokens will be made available to be used as utility tokens, but 80 % will be used as a store of wealth. (ventureburn.com)
  • Currently, most tokens in the digital coin market are so - called utility tokens which provide holders access to certain services. (businessinsider.my)
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