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Is Bitcoin a utility token or not?

Source photo Unsplash.com

What exactly is a utility token?

There are two types of ICO utility tokens: tokens that give access to exclusive services for the token holders and tokens that are more like promotional tools for the issuing firm.

In the world of cryptocurrencies, utility tokens are a sort of cryptographic asset that are mainly used to raise funding for a project’s…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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