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welcome back to our second video in our series where we tackle questions about the nature of utility tokens we will be discussing utility tokens how and why they may be used in a system and the importance of defining token terms for an economy so what makes a token a utility token a token with utility is defined by the expectation of use in a system frequently utility tokens operate as access Keys providing entry to a system and its surfaces this while simultaneously providing a means to empower user participation and synthesize the community and allow transparency in operations no established legal mechanism exists to determine whether a token is legally a utility token some examples of tokens that could be considered utility tokens are for entertainment access theme park tickets video game arcade tokens or compute power access golem sonim for identity services access civic sovereign or storage services access bio coin storage SIA coin for content or information access basic attentio
