According to the Merriam-Wester dictionary, a utility token is “a digital token of cryptocurrency that is issued to fund the development of the cryptocurrency, and which can be later used to purchase goods and services offered by the issuer of the cryptocurrency.” In...
According to the Merriam-Webster dictionary, a utility token is a digital token of cryptocurrency that is issued to fund the development of a project and that can be later used to buy goods and services offered by the issuer. In a layman language, a utility token is a...
