Crypto tokens play a very big role in the space beyond just being digital currency as some users think. In this article, join me as we explore 3 powerful uses of crypto tokens apart from facilitating financial transactions.
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Crypto tokens play a very big role in the space beyond just being digital currency as some users think. In this article, join me as we explore 3 powerful uses of crypto tokens apart from facilitating financial transactions.
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One very important use of crypto tokens is utility. They could be used to exchange for premium features of a crypto platform. Users of Inleo that want to go premium deposit 10 HBD per month for the extra features. That is an example of token utility.
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Tokenization of real world assets is another important use of crypto tokens. This involves representing physical assets in digital form. The value of a physical asset is thus tied to a token. Holders of the token thus have ownership rights of the physical assets.
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Another use of crypto tokens is in community governance. This and more uses of crypto tokens are explained in the post below. Click the link and check it out:
https://inleo.io/@fokusnow/crypto-tokens-more-than-just-digital-money