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Questions and Answers
What type of tokens are utility tokens?
What type of tokens are utility tokens?
- Digital tokens
- Cryptocurrency tokens
- Security tokens
- Tokens used in dApps and games (correct)
What are some examples of utility tokens?
What are some examples of utility tokens?
- Bitcoin and Ethereum
- Small Love Potion and Filecoin (correct)
- Ripple and Litecoin
- MATIC and Bitcoin Cash
What are the benefits of holding utility tokens?
What are the benefits of holding utility tokens?
- Discounts and rewards
- Access to products and services (correct)
- Ability to trade on exchanges
- Payment for goods and services
What type of platform typically issues utility tokens?
What type of platform typically issues utility tokens?
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What type of token does not offer holders unique benefits?
What type of token does not offer holders unique benefits?
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What type of token is not typically tied to specific blockchain projects or ecosystems?
What type of token is not typically tied to specific blockchain projects or ecosystems?
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What type of token does not typically provide access to services or products?
What type of token does not typically provide access to services or products?
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What type of token does not provide discounts, rewards, or additional benefits?
What type of token does not provide discounts, rewards, or additional benefits?
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What type of platform typically does not issue utility tokens?
What type of platform typically does not issue utility tokens?
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What type of token offers holders unique benefits and access to products and services?
What type of token offers holders unique benefits and access to products and services?
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