Discussion: Altcoin vs Alt-token which is more reliable and preferable.

[akamit]

I prefer solid projects with real value, no matter whether they use other blockchain or their own blockchain. This is one way of thinking.

The other way of thinking is if a project is solid and have own blockchain offering masternodes then I may consider that project.

Another way of thinking of mine is, I find tokens which uses ETH blockchain much convenient over the coins which have own blockchain.

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[abstractednerve]

My opinion goes for Altcoin, not for the alt token! Because Project with own blockchain has more potential than projects based on another coin's blockchain! Look at the TRON, XRP, BNB! They all were based on Ethereum blockchain but when they move in their own network, those coins were accepted widely by the world and now these coins position is much better than before! So, it is like a good example of this topic!

[ricardobs]

Well it totally depends on the team behind the project and what they are trying to achieve in present and also in the future. Some projects is too big that it might not be possible just running the project with a token built on a blockchain so they rather create a new blockchain and coin including all the features they might need for operation even in the future, some projects starts with tokens then migrate to coin in the future.

[Coinraptor]

I think altcoin and alt token are almost the same. Alt token is like the testing field and the Altcoin seems the official release. Because most of the altcoin was alt token first! Most of them came based on Ethereum contracts, then they shifted to 6onw blockchain network. Recently Bitdepositary project shifted their platform Ethereum to their own chain, I asked them why? they said to make a better engagement in price and for the products! But they were token first! So, we need both, and no one can ignore the Ethereum's revolutionary contract system!

[digitalblock]

I prefer altcoin because despite that mostly they are forms of BTC or ETH, they're still not forks of forks of useless functions.

[CryptopreneurBrainboss]

I think altcoin and alt token are almost the same. Alt token is like the testing field and the Altcoin seems the official release.

No they're not the same and yes you're correct when you say some projects make use of Alt-token as a testing phase or perhaps you can say they make use of already existing blockchain to launch their project so they can reach more audience and possibly get listed on more exchange especially DEX. People prefer to invest in Ethereum based project more than projects launching an ICO with their blockchain.

[nekonyun]

in my opinion altcoin is healthier for the growth of the blockchain industry because altcoin projects that are already running and have helped the growth of the industry and alt-tokens in my opinion are still in the process of forming a project from the start it takes a long time to run this project

[Bravext]

Personally I prefer alt tokens for the simple fact of convinience, because it enables me to hold so many alt tokens in one single wallet, unlike Altcoins that would require me to download so many different wallets,.some of which are not even compactible with mobile devices.