Adding Token’s Real Utility and Value – A Guide for Emerging Crypto Projects

Adding Token’s Real Utility and Value – A Guide for Emerging Crypto Projects


HodlX Guest Post  Submit Your Post  

The token utility is a fundamental function of any crypto project. The core concept of cryptocurrencies and DeFi is not just to mint a token and facilitate general trading but rather to create a digital asset that holds real value and utility. This is what differentiates crypto from other assets like stocks and bonds.

Cryptocurrencies are meant to function like liquid assets in a fully digital environment without the intervention of any centralized entities. Therefore, any token must have a certain level of utility. Users should be able to use their assets to carry out a wide range of functions on the associated blockchain network.

Trending: THE JIG IS UP! The Secret Sauce Behind How They Steal Elections Has FINALLY Been Revealed…It’s All HERE!

Whether it’s allowing goods and services to be purchased using the tokens, governing a

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend