LACA coin

An IOU crypto token performs the same service as an IOU notice – it exists to denote a debt relationship between two parties . For example, if you lend Bitcoin to a friend of yours and you want proof of this transaction, your friend can create an IOU token, which will be stored in your personal wallet.

How to buy IOU

IOU describes itself as a blockchain-based P2P e-commerce loyalty platform that aims to drive customer satisfaction and loyalty through tradeable offers . The IOU price page is part of Crypto.com Price Index that features price history, price ticker, market cap and live charts for the top cryptocurrencies.

Categories Trading Slang. IOU is an acronym that stands for “I owe you”. It refers to an informal document that acknowledges a debt one party owes to another . The debt usually involves a monetary value but can also be related to other goods, such as physical products or properties.