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what are tokens?
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Topic: what are tokens? (Read 376 times)
Eraldo Coil
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Re: what are tokens?
December 25, 2017, 02:46:35 PM
#21
Tokens and altcoins are similar in a way that they are both cryptocurrencies. But tokens are made from initial coin offerings and can be converted to altcoins. But unfortunately not all tokens will become altcoins.
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PaRiTyyy
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Re: what are tokens?
December 26, 2017, 07:21:30 PM
#22
Quote from: jevee on December 02, 2017, 01:51:48 PM
hello!
what is the difference between tokens and altcoins? wich tokens are good to invest and how to get them?
Tokens are usually acquired through ICO's. They are on Ethereum network. Altcoins are usually based on BTC or ETC (SHA-256 and Scrypt).
Vik_the_Carpentner
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Cryptocurrency Wallet - Denaro.io
Re: what are tokens?
December 28, 2017, 04:28:35 PM
#23
Special kind of an altcoin for exact ICO. You can exchange them on other tokens or on this platform usage / benefits.
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ambnet7
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Re: what are tokens?
January 02, 2018, 04:15:42 AM
#24
I found this article when I was surfing the internet. Hope it will clear your doubts
https://masterthecrypto.com/differences-between-cryptocurrency-coins-and-tokens/
shaheer001
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Re: what are tokens?
January 02, 2018, 04:23:54 AM
#25
m0gliE explain well the difference between token and coin. and thanks to share this topic as many newbie were confused and i am sure who read the topic and will definitely satisfied from the thread replies. for more detail i also read the following definition about token in this thread by sir theymos Administrator Legendary must read it .
https://bitcointalk.org/index.php?topic=2251834.0
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triciaa478
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Re: what are tokens?
January 02, 2018, 06:03:06 AM
#26
Tokens are like IOU and it afford one to hold a share in a project that is about to launch or is seeking funds for further development and altcoins is the upgrade of a tokens when listed on an exchange. To get a good token to invest in depends on the research you your self put into finding out about a project and make your own judgement how the project is valued .
btcbtq
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Re: what are tokens?
January 02, 2018, 07:44:19 AM
#27
Quote from: promat123 on December 21, 2017, 07:42:02 PM
They are actually same thing, but not all tokens become altcoins
Tokens are offered through cryptocurrency initial coin offering (ICO) projects. Tokens become altcoins when they are traded on a cryptocurrency exchange.
baghdatis1990
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Miracle Tele
Re: what are tokens?
January 02, 2018, 09:37:30 AM
#28
Tokens are assets used through an ICO project (initial coin offer). If they are later asked on the market, they will become altcoins.
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