Notum logo

Glossary

Blog

Select (A-Z)

#

a

b

c

d

e

f

g

h

i

j

k

l

m

n

o

p

q

r

s

t

u

v

w

x

y

z

Utility Token

Utility token - a digital crypto tokens that is used to obtain financing for a project. Utility tokens provide users with future access to a company's product or service. A utility token is unique to its ecosystem.

For example, $GNT stands for Golem Network Token, acts as a unit of payments of the Golem Network, and can be used only there.