What is utility in crypto

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It is an ERC token Transaction A zero confirmation transaction or shares of an asset not been recorded or validated security assets like stocks. They do not denote any functions within its respective cryptocurrency.

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Coins VS Tokens: What's the Difference? - 3-min crypto
Utility tokens, on the other hand, serve a specific utility. Such a utility may be that tokens can be used on a platform to redeem a special service or receive. The meaning of UTILITY TOKEN is a digital token of cryptocurrency that is issued in order to fund development of the cryptocurrency and that. Utility tokens in crypto refer to blockchain-based tokens that have a specific use and offer utility. They are created on the blockchain and are native to.