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
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
PFP
It means both 'profile pic' and 'picture for proof'.
Degen
Cryptotrading without Due Diligence and research - basically gambling
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