what's the point of tokens?

[Yakapo]

Tokens represents a unit valuation of a certain asset. they can be used in transactions involving that particular asset. they tend to gain value overtime especially when the project is successful

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[Jaya912]

Say a company like amazon has reward points and they want to move to blockchain than they can create their own token and these reward points can be converted in the form of tokens.

If the ico has their good product which need to be developed then the ico token is not garbage.
As we know there are so many scam ico and its all garbage but from beginner we currently can not judge the token is garbage or not.

[Crytptomeniac]

Tokens act as uni valuation of a project through which transactions can be carried out. tokens especially ones acquired in the early stages of an ICO can gain value overtime depending on the success rates of the project

[unisilver]

Right now there are so many projects that use ICO, and each project has its own tokens, I am confused, what is the point of token ?, with lots of tokens emerging, will it be useful or just become garbage?

The point of a token is similar to the point of a coin. It can be transacted and managed by smart contracts, etc... Some of them are garbage and some of them are gold.

Good point, That's true. We cannot deny the fact that some of the token are garbage and we are also aware that some of them are gold depending on the capacity in which the token belongs a project. It is a transaction basis.

[organelles]

Judging by the current market situation most tokens will be simply of no value. But if the market goes up there will be such projects that will have quite valuable tokens. This is my opinion. 
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It might take a while for the the tokens to gain value,depending on the project, but i agree with the fact that if the market improves, they might just prove to be valuable.

[chocolaty]

Right now there are so many projects that use ICO, and each project has its own tokens, I am confused, what is the point of token ?, with lots of tokens emerging, will it be useful or just become garbage?

Coins and tokens are basically the same so do not be confused by these synonymous words here in cryptoworld. However, not all tokens have values. Sometimes these tokens decrease so badly that it becomes unvaluable. Nevertheless, all ICOs are free to create their own token.

[tokhang]

Tokens are morelikey the predecessor of coins,because ICOs are having these tokens which if those tokens were get listed into exchanges these tokens can now be called as coins,simple as that but most of these tokens doesnt have any chance to get listed because most of these doesnt have value or you can call it shitcoins.

[tora]

If the tokens do not get listed on exchanges then they cannot be traded and therefore no value. It does not matter about the whitepaper or the reason for the ICO,no trade equals no value.