What is a utility token, and how can you use it?

Stobox
Sep 27, 2022

Although utility tokens do not possess primary visibility, and it’s certainly not them who attract the community’s attention, they are an essential part of any crypto-based ecosystem.

Our fresh article, “What is utility token and how you can use it,” will tell you what a utility token is and how it is actually used in modern Web3 ecosystems.

💡 One of the most prominent utility tokens’ functionalities, which is governance, is mastered in an idea of DAO. Recently, Stobox announced the launch of its own DAO, where the community members are included in crucial business-related decision-making, as well as provided other inclusive features.

👉 The native utility token of the Stobox ecosystem STBU is listed on Binance, and Stobox plans to continue listing on different crypto resources.

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Stobox
Stobox

Written by Stobox

An award-winning tokenization company that provides technology and consulting to help clients leverage digital assets and tokenized securities.

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