What is a Utility Token?
A utility token is a cryptocurrency that has a specific use case inside the ecosystem to which it belongs. LYO Credit is a utility token that can be used in a variety of ways such as booking flight tickets, buying goods and services, minting, trading, and staking.
Utility tokens aren't considered investments.
All coins are tokens, but not all tokens are coins. They both are a store of value and their price depends on supply and demand. However, there is still a difference.
Coins operate on their own blockchains and they can be mined through proof-of-work and proof-of-stake systems. Tokens, on the other hand, do not have their own blockchain and only operate on the blockchain of another coin.
For example, BNB, the native coin of Binance, runs on Binance Smart Chain. But there are tokens that run on BNB too such as LYO Credit.