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Utility token

A utility token is a type of cryptocurrency that is designed to provide access to a specific product or service. Unlike security tokens, which represent ownership in a company or asset, utility tokens have a specific use case within a particular ecosystem, and their value is based on the demand for that particular product or service.

Utility tokens are often used in decentralized applications (DApps) and blockchain-based platforms, where they can be used to pay for services or to access certain features within the platform.