🪙 Why Token Utility Matters

A token can have a strong community and plenty of attention—but what does it actually do?
Token utility can include:
🔐 Access to network functions
🗳️ Governance
💰 Paying fees
🎯 Incentivizing participation
⚙️ Supporting an application's ecosystem
Utility doesn't guarantee that a token will succeed.
But understanding the purpose of a token can help you understand why it exists in the first place.
Before focusing on price, ask:
“What role does this token play inside its ecosystem?”
That's a much stronger starting point for research.

💬 When researching a token, do you check its utility?

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