Initial coin offerings have been revolutionizing the world of traditional investing and have since brought large amounts of capital into the cryptocurrency and blockchain industries. When a project goes through with an ICO, they issue tokens that run on a blockchain to their investors who help them raise capital. It’s important to understand that all tokens aren’t the same, which is what brings us to the topic of this piece: utility tokens. Let’s go over what these are and the role they play in the cryptocurrency industry.
This is not financial investment advice.
This article touch upon key aspects of what utility tokens are and how they function as a whole.