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Utility Token

Fleeting

Utility tokens

Utility tokens are user tokens or app coins. This is a token that is given out during crowdsales as a project executes an ICO. When a company creates a utility token, it means that it is essentially creating a form of a digital coupon that can be redeemed in the future for discounted fees or special access to a product or service. Unlike security tokens, utility tokens are not used as investments as they can be exempted from the federal laws governing securities if they are properly set up.

https://www.blockchain-council.org/blockchain/security-tokens-vs-utility-tokens-a-concise-guide/

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