{"id":3808,"date":"2021-03-04T17:02:03","date_gmt":"2021-03-04T17:02:03","guid":{"rendered":"https:\/\/afluxcoin.com\/02\/what-is-an-ico-do-you-know-the-difference-between-coin-and-token\/"},"modified":"2021-03-04T17:02:03","modified_gmt":"2021-03-04T17:02:03","slug":"what-is-an-ico-do-you-know-the-difference-between-coin-and-token","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/fr\/02\/what-is-an-ico-do-you-know-the-difference-between-coin-and-token\/","title":{"rendered":"What is an ICO? Do you know the difference between coin and token?"},"content":{"rendered":"

Although it often goes unnoticed by those who can\u2019t distinguish them, there are clear differences between assets of the blockchain, ICO, cryptocurrencies, and tokens. Next, we are going to see them one by one.The currency that we will find mostly in English \u201ccoin\u201d is used to make payments. And in the world of cryptocurrency, we refer to a currency when it is only valid as a means of payment and as a representative value. An example of a cryptocurrency that we see as currency is Bitcoin. They operate through their own blockchain. Ether, Ripple, Litecoin are other examples of currency. There is a \u201cdispute\u201d among the cryptocurrencies for taking a prominent position in the field of digital transactions and to be the one that will finally be used as a means of payment.Ico is short crypto-term for Initial Coin Offering (initial supply of coins). It is a model used for projects and cryptocurrency companies to have a good start. However, you have to be very careful and be well-informed before participating since some are scams or badly managed projects, and you can lose a lot of money.A token can have many more functions than a coin. It is not limited to being a simple means of payment but can be an action or product test. A token operates in an existing blockchain that supports smart contracts. Ethereum and Waves are frequently used for this. They have their own objective on which they are really focused. When you see a new project of an ERC-20 token, it means that it is based on the ERC20 protocol, that is, it is executed in the Ethereum blockchain. A token allows everything to be marketed digitally. A token can represent a house or points saved in a store, for example. Each cryptocurrency project has\u2026<\/p>","protected":false},"excerpt":{"rendered":"

Although it often goes unnoticed by those who can\u2019t distinguish them, there are clear differences between assets of the blockchain, ICO, cryptocurrencies, and tokens. Next, we [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3808"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=3808"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=3808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=3808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=3808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}