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RE: Steem Is Massively Undervalued! Keep Accumulating As Much As You Can Before It Moves!

in #steem7 years ago

Giving a bit of a preview to my article tomorrow morning....but I need to add this...

It is a utility token.

Very important...that is what will be hot throughout 2018.

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I will be looking out for you article in the morning, because at this point, I am a bit unclear about utility tokens vs. security tokens. I understand that the STEEM blockchain works but I need further studies about why it works so I may be a more accurate ambassador.

The utility coin in this instance is based upon use.

Those are the ones where there is a blockchain where the tokens are being used for the purpose they were designed for.

STEEM, as an example, is meant to be given to people for posting, upvoting, and commenting...that is the utility and how people can earn them.

Which ones are other good utility tokens?

STEEM, as an example, is meant to be given to people for posting, upvoting, and commenting...that is the utility and how people can earn them.

Ok, whew. That was the conclusion that I came to after looking up the actual terminology, but it seemed a bit too...straightforward? for explaining utility for something technically complex. Gotta work on my confidence for the amount of time I've been putting in to understanding the technology. Still, looking forward to checking out more valuable content.