PURPOSE OF TOKEN?

[Stavri]

tokens are issued according to a project. and buying this token you will have benefit of this project it can be like using a feature of a product or a product itself anything. so you need to search to project behind the token to understand it deeply.

[neliawesome]

A token for me is a reward from participating an ICO project.If you will collect the tokens you earned and sell it you can earn money.

[aliceayag]

There are a lots of project created with their own token, people b
are buying tokens because of its cheap market price. Tokens can exchange in altcoins in any decentralized token exchange like Binance and etherdelta and etc.

[trako]

many uses ico Ethereum base. so you have to convert it to Ethereum in the stock exchange you are trading. also token is a good investment tool. I recommend. but you need to be very careful. ponzi, ico too much.

[ShadowBits]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

For me, I think it is for the creator to become rich while the investors gets scammed. I don't say that all of the tokens are that, but majority do.

[spikerrr]

Every token have its unique purpose in crypto. Almost alts base on real issues as in crypto. You can hold your token for long term or short term it depends on your strategy. Until now we can able to see the old tokens that stays in crypto and the new comers coins.

[Escf4]

The purpose of token is to provide numbers and value of this token so that after the ICO projects end the tokens are traded and are put to maket coin index for value and exchange, this token are also use for the value of investment during the ICO sale for the promotion of the projects , as well as investments of the customerthis token is also given to the bounty campaigners as rewards for their participation.

[gabmen]

many uses ico Ethereum base. so you have to convert it to Ethereum in the stock exchange you are trading. also token is a good investment tool. I recommend. but you need to be very careful. ponzi, ico too much.

Well they're usually for promotional purposes. Bounty tokens and airdrops are meant to attract people into checking out an ico's project and to get people's interest to invest. That's why many people participate in these promotions since they're getting free tokens without much effort and spending

[chrisculanag]

There are many types of tokens, it also has many uses or methods to use.  Ico's are many different products sometimes in foods , ecommerce or etc and it  can you use in the blockchain . Just try to look the whitepaper of the ico to determine what is purpose of the token that you have because many of ico token are scam.

[miradorme]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

If it am not mistaken. The purpose of token is that every campaign use it as their payment for the salary of their participants and they use tokens because bounty has different campaigns and because of that every campaigns use their own token name.

[LogitechMouse]

One purpose why the company is creating their OWN TOKEN is for the funds. They will gather funds in order for the project to run. The funds will be like a fuel to their project because in order to create a project, you need money. This is I think one reason why some companies are conducting an ICO and they are creating their own token.

[monkeykiss21]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

Every ICO there's have their own token. After the ICO they will total and distribute it to all the participants from that campaign where they are joined. Token is the payment for the salary for those participants. Will be trade it from the exchanger and turn it to bitcoin to cash.

[kwarto]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

token is a representation of their project.. it is just like every other coin in the market. you should find the platform where the token is registered and you can convert it to any other coin in that platform. you can convert it to bitcoin and eth if you like.. then convert later to fiat.

[balamuda]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

Token is an alternative cryptocurrency used to promote their project, and you will get the tokens as payment for having worked for them, and you can sell tokens to buy other crypto.

[roxbit]

Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

A token is similar to a coin (altcoin) it is a reward given by an ICO after a bounty campaign.
If you trade your token in the trading site you have a chance of earning money in your own currency out of it or you can invest it into another coin.
You missed the chance of having it because you are lack of knowledge about it. Next time I suggest you ask someone who is experienced in cryptocurrency to help you.

[pallang]

Tokens are the one distributes to participants of the bounty or airdrop this serves as their reward and can be use to promote the said ico so there are different tokens because every project has it's own coins.

[muddy waters]

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin.

Thank you.

When a company decides to attract investments for its development, it issues tokens - this process is called ICO.
Tokens are a digital asset that an investor receives from a company in exchange for money.
The main difference between token and crypto currency is that token is not bound to blockchain and wallet.
It seems that the tokens you received and can't sell are just a scam.

[Angi]

I think the purpose of the token is base on the product they want to use with it.
example is the Docademic's project they have mtc token you can use it to access their service instead you pay a fiat currency you can pay them with the token you have that you bought in their ico sale. thats my perspective how to use a token or coin.

[sepeda karat]

this token in the future is expected to be of high value, depending on the success of the application developed by the ICO providers in solving the problem.

[Juliedarwin]

This is a payment from the campaign where is the participants are joined. Token is a called for the participants salary which is given by the devs from the bounty where you are one of the participants.