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Content
@
https://warpcast.com/~/channel/imagine
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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
@thumbsup.eth
Coins are made of metal. Tokens are made of plastic.
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SAINTLESS
@saintless
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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a1z2 pfp
a1z2
@a1z2
Coins get you passed the city gates, tokens get you on the casino floor
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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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Yaroslav pfp
Yaroslav
@yar0x
wen stablememes and tokecoins
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Matthew Barton pfp
Matthew Barton
@mbar
NFTs are tokens but not coins
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XVW 🎩
@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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Daikie.eth pfp
Daikie.eth
@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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Zima ∞ πŸ¦•
@zima.eth
coins => money tokens => technology
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omtime.base.eth
@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 wayπŸ˜…
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jon pfp
jon
@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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Dialer pfp
Dialer
@dialeronw
I would look into this https://x.com/punk6529/status/1782429095986381241?s=46&t=T-aQV4SXNocyz8wcdY05Gw
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Nicholas Gurr
@justinx
Coins are for boomers
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Trapstarz
@trapstarz.eth
Back in the day coins were mineable and token were "minted."
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Weirdo πŸŽ©πŸ–πŸͺ¬πŸ§ΏπŸ«‚ 🐹 pfp
Weirdo πŸŽ©πŸ–πŸͺ¬πŸ§ΏπŸ«‚ 🐹
@weirdo
Token is a clunky 2 syllable word, with some work involved. coin has a way cleaner 1 syllable flow.
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unkfunk
@unknownfunkhero
because subjectivity.
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Wikiblockchain 🎩🐲
@wikiblockchain
1000 $imagine
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Andrew pfp
Andrew
@ori-wagmi
I think tokens are a generic term for "onchain unit store of value". Value can be anything from art NFTs, tokenized real world assets, identity, etc. Coin is a conical term for "unit of money". While you could call it a stabletoken, you lose on the contextual connotation that comes with using coin.
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Lunatic + Based πŸŽ©πŸ–πŸ§ΎπŸ˜ pfp
Lunatic + Based πŸŽ©πŸ–πŸ§ΎπŸ˜
@lunaticfarmer
No more questions for the sake of our industry and your business
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