JSH Ep. #35: What are Alt-Coins & Crypto Tokens?

Published: June 15, 2021, 10:30 p.m.

b"Altcoins are alternative cryptocurrencies that were launched after Bitcoin's success. They generally project themselves as better replacements for Bitcoin. Bitcoin's emergence as the first peer-to-peer digital currency was paving the way for many to follow.

Crypto tokens are a type of cryptocurrency that represents an asset or specific use and resides on their blockchain. Altcoins and crypto tokens are types of cryptocurrencies with different functions. Created through an initial coin offering, crypto tokens are often used to raise funds for crowd sales.

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