Functional token

Also known as: App Coin

Digital asset with functional properties besides value

Cryptocurrency that is used in the app (service) itself. Contributors to the app are directly paid for their contributions in App Coins. The App Coins are easily converted to any other cryptocurrency and that way to local currency on services like TokenMarket.

Text on this page is available under the Creative Commons Attribution-ShareAlike License. The following sources have been used for this article: