Utility Tokens

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    Utility tokens are those tokens that grant their holders access to a specific application, product or service often provided through a blockchain-type infrastructure. They typically only provide access to a product or service developed by the token issuer and are not accepted as a means of payment for other products or services.
    Some examples of utility tokens include Golem and Filecoin, which both facilitate access to a specific service: Golem grants access to computing power and Filecoin to data storage.
    Like investment tokens, utility tokens are also issued to collect financial resources, usually to fund the development of the issuer’s application, product or service. However, unlike investment tokens, their main purpose is not to generate future cash flows for investors, but to grant access to the issuer’s application, product or service, and at the same time create a user base.