As many of us are into cryptocurrency for the apparent reason - Money. Is there anything else your crypto offers?
For instance, Ydentity helps you to secure your identity by creating a unique identity for you with the help of a simple survey.
Please share if there are such innovative uses of other cryptocurrencies.
There are some obvious use cases in crptocurrency. I don't know many, but I will write some that I'm familiar with, just to tell there are various use cases, but I'm not going to write many here.
1. Binance (BNB)
BNB token holders get 50% discounts when trading on binance exchange.
2. Kukoin (KCS)
KCS holders receive a certain portion of profits from kucoin exchange trading.
3. Cindicator (CND)
with certain level of CND tokens, holders receive no. of trading signals (not just within crypto space, but in traditional stock markets too).
4. Privacy coins (like Dash, Monero)
When governments ban some organisations, or when ordinary citizens want to donate but like keep privacy these tokens can be used.
5. ETH, GAS
Dapps run on these platforms need to pay transactions fee using their own tokens (e.g., ETH for dapps on ethereum platform).
These are just 3-4 use cases, but there can be 100s of use cases, and although we are still early in blockchain space, in 2-3 years, you could see in many day-t-day activities using tokens.