What is a token purchase?

Tokens are created through an initial coin offering, which represents the cryptocurrency version of an initial public offering (IPO) . Tokens are created by cryptocurrency companies that want to raise money. Investors who are interested in the company can purchase these tokens.

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Can you sell tokens?

Token sales are, quite simply, a process of generating and selling a new cryptocurrency . While the details change from sale to sale, this process involves building a smart contract on the blockchain, generating, and then selling the resulting coins.22 Eyl 2017

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