What are Utility Tokens?

Test Your Knowledge

A. They represent ownership or claim to profits from a project.

B. They perform specific functions within a blockchain ecosystem, such as accessing services or participating in governance.

C. They are mined through proof-of-work systems.

A. They are mined by users.

B. They represent ownership in a project.

C. They are designed for use within a specific platform and hold value only in that context.

A. To give holders a share in profits.

B. To access services, such as streaming or gaming.

C. To represent ownership of physical assets like real estate.