Why do people create Crypto Tokens?
- To fund their project
- This takes the biggest part.. They use it to raise funds for their own business or blockchain project
For example, ETHERIUM has sold a large portion of its ETH token to people and investors to establish its own Blockchain project! By collecting a lot of funds, he has played a major role in reaching his current level
Beyond projects, people create tokens for their own use
- To create a big community
- Build a Loyal Community and encourage them to use their future projects
For example, $BAT (Basic Attention Token) used to reward people with the token just for viewing an ad, which led many people to use the Brave browser!
And tokens are created by Blockchain and off-Blockchain businesses!
