Impact Details
3 impact insights hidden
Yirifi's stakeholder, regulatory-compliance, and risk-impact analysis for this term.
Access to Digital Services
Utility tokens can be used to pay for services on a platform, such as cloud storage or software subscriptions.
Industries:
Cloud Computing
Software
Platforms:
Ethereum
Filecoin
Governance
In certain ecosystems, utility tokens allow holders to vote on platform changes or project funding.
Industries:
Blockchain Governance
Decentralized Finance (DeFi)
Platforms:
Tezos
Cosmos
In-app Purchases
Utility tokens enable users to purchase virtual goods or services within applications.
Industries:
Gaming
Virtual Reality
Platforms:
Decentraland
Axie Infinity
Loyalty Programs
Utility tokens can serve as rewards in customer loyalty programs, enabling users to redeem tokens for discounts or services.
Industries:
Retail
E-commerce
Platforms:
Loyalty Points Platforms