What Are Crypto-Tokens?
We have already spoken about blockchain and whether you should be putting your money into Bitcoins, in our previous posts. Blockchain is not just about Bitcoins. Although bitcoins happen to be the most successful cryptocurrency due to its inherent characteristics of being a reliable store of value and a medium of exchange, there are some other cryptocurrencies, too, that are being traded in the digital market. These are called crypto-tokens. And word is that VCs too are taking these tokens seriously. So what are crypto-tokens? How are they different from cryptocurrency? And what are they used for? Here we have an infographic on crypto-tokens 101.