Is Peer a Token or a Cryptocurrency?
- account Peeranha
Tokens are digital assets that can be used within the ecosystem of a given project.
Cryptocurrencies are virtual or digital currencies that are built with a solid "cryptographic" base that makes them safe and immutable. Most cryptocurrencies are based on blockchain technology.
In my opinion, Peer is a token because peeranha.io is a Telos-based platform, that is, it requires another Blockchain platform that is not its own to work. And you What do you think?
PEER would be starting out as a Telos token. in the future depending on its useability, we see it being traded against Bitcoin and other alt coins.