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Content
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jacob pfp
jacob
@jacob
what are the differences between tokens and coins? why are they stablecoins and memecoins and not stabletokens and memetokens?
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Thumbs Up 🎩 pfp
Thumbs Up 🎩
@thumbsup.eth
Coins are made of metal. Tokens are made of plastic.
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SAINTLESS ↑ pfp
SAINTLESS ↑
@saintless.eth
the way we got used to i think is: coins - fungible tokens - non fungible but lately I use tokens for everything
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maxxx 🎩🐂👀 pfp
maxxx 🎩🐂👀
@mosdef
Coins are digital assets that operate on their own independent blockchain. Tokens are digital assets that operate on an existing blockchain network. While coins primarily function as a medium of exchange, tokens aim to offer a wider range of functionalities within a specific project's ecosystem.
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⚡️OMT⚡️🎩🦊🔵 pfp
⚡️OMT⚡️🎩🦊🔵
@omt
A coin has a value in another currency. A token is a unit of a project that may not yet have value in another currency. I understand it this way😅
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Yaroslav ↑🐈‍⬛🎩 pfp
Yaroslav ↑🐈‍⬛🎩
@yar0x
wen stablememes and tokecoins
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Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
All coins are tokens, but all tokens are coins.
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🎩 | ☝️+☝️=✌️ pfp
🎩 | ☝️+☝️=✌️
@daikie
Coins are L1 vehicles for gass Tokens are ledgers on that L1 or L2, L3(L4... Repeat at infindum as you see fit) so not gass Stablecoins are vehicles carrying FED approved gass. Which pay taxes in eth to the access to blockchain gwei. Memecoins are *checks notes* doing whatever it takes to make numbers go / higher
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0xSpencer 🎩 pfp
0xSpencer 🎩
@0xspencer
at this point theyre used interchangeably but I think it depends on the audience retail is more accustomed to financial vehicles & thus leans towards 'coin' whereas 'tokens' feels more technically motivated plus 'coins' inherently infers money, whereas 'token' is a more generic descriptor of the underlying primitive
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Matthew Barton pfp
Matthew Barton
@mbar
NFTs are tokens but not coins
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DenizenJuan.⌐◨-◨ pfp
DenizenJuan.⌐◨-◨
@dnznjuan
We have NFTs which are also tokens... like this one, which is a free mint ;) https://warpcast.com/dnznjuan/0x4472b9d7
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Ese(🎩. 🎩)☢️ pfp
Ese(🎩. 🎩)☢️
@esss
Because for now we have stablememes
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chrismartz pfp
chrismartz
@chrismartz.eth
good q
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poyzn pfp
poyzn
@poyzn
degen is the token of my heart ha! i just coined that😮‍💨 ladies & gents, i’ll be here all night
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a1z2 pfp
a1z2
@a1z2
Coins get you passed the city gates, tokens get you on the casino floor
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jeremy pfp
jeremy
@jzs
syllables
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sweetman pfp
sweetman
@sweetman.eth
hyperstructure => onchain => memetokens
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Lunatic but Based 🎩🍖🧾 pfp
Lunatic but Based 🎩🍖🧾
@lunaticfarmer
No more questions for the sake of our industry and your business
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Weirdo 🎩 🍖 🪬🧿↑ pfp
Weirdo 🎩 🍖 🪬🧿↑
@weirdo
Token is a clunky 2 syllable word, with some work involved. coin has a way cleaner 1 syllable flow.
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Jon Bray pfp
Jon Bray
@jonbray.eth
Coins are canonical network assets that are inherent to a chain. Tokens are deployed (tokenized) on a chain. BTC is a coin on bitcoin, but a token when its wrapped on Ethereum. "stablecoins and memecoins" are tokens. But that doesn't roll off the tongue as easy.
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