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A Workable Definition for Consumptive (“Utility”) Tokens

A Workable Definition for Consumptive (“Utility”) Tokens

by Matthew McClintock | May 7, 2018 | Blockchain, Business, Cryptocurrency

Initial Coin Offerings (ICOs) are fundraising mechanisms blockchain-based companies use to raise capital. A company will sell coins, or tokens, associated with their project in order to build and incentivize a community of users. Those tokens, at least theoretically,...

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