How Does a Utility Token Differ from a Cryptocurrency like Bitcoin?
A utility token is designed to grant access to a specific product or service within a decentralized application or ecosystem. Bitcoin, in contrast, is primarily designed to function as a decentralized, peer-to-peer electronic cash system.
While both are built on blockchain technology, Bitcoin is generally considered a store of value and medium of exchange, whereas the utility token's value is tied to the utility of its associated platform.