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