Utility Token
By CoinGecko | Updated on Mar 03, 2020
Utility-tokens represents the right to use a product or service offered by the utility token issuer as a means to circumvent the categorization as an investment vehicle.
Related Terms
All-Time-Low (ATL)
The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.
Crowdsale
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis.
Venture Capital
capital (funds) that is invested in a company that needs a substantial pool of funds to initiate.
Exchange Traded Fund (ETF)
An exchange-traded fund (ETF) is a form of security that tracks a collection of securites such as stocks, bonds, index or cryptocurrency but tradeable like a single stock.
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