What Are The Benefits of Creating Utility Tokens? If you want to launch your own utility token for your business purpose then you may attract your investors or users via utility token. There are so many benefits. The potentiality is endless.
Here are some of the major utilities you’ll find based on your business requirements. Payment The real use cases are turning the utility token into the native currency of the ecosystem. This means that all products and services are paid for with the native token. Payments are either inspired by providing a discount or they are forced by making the token the only possible payment method. If the products or services are in high demand this can work well in the market. Access One of the primary utilities is access. By having the token you get access to the platform. Without the token, you can’t able to use the specified products or services.