A token which is used as a reward to nodes which ensure data validation and consensus.
Optional Use Cases: Payment, Asset Ownership, Voting Right.
Utility Token
Work – Based
Right / Reward
Digital
Schedule – based / one – time fixed
Enter Platform / Use Platform / Stay Long – Term / Leave Platform
(Non – )/ Spendable, Tradable, (Non – ) /Destroyable, (Non – )/Expirable, (Non – )/ Fungible
Blockchain Native / Protocol
New /Forked Code , New / Forked Chain