Cryptocurrency Q&A What was a “good for” token?

What was a “good for” token?

Tommaso Tommaso Mon Feb 17 2025 | 5 answers 980
I am trying to understand the concept of a 'good for' token. Could someone explain to me what it was and how it worked? What was a “good for” token?

5 answers

Michele Michele Wed Feb 19 2025
The tokens that bore the inscription "GOOD FOR" could potentially form a fascinating collection.

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Elena Elena Wed Feb 19 2025
Various types of "GOOD FOR" tokens were prevalent in different sectors. Some were used in trade, facilitating exchanges between parties.

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TaekwondoPower TaekwondoPower Wed Feb 19 2025
Merchandise was another common area where these tokens were utilized. They served as a means of payment or exchange for goods.

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Bianca Bianca Tue Feb 18 2025
"GOOD FOR" tokens were also used in place of cash, functioning as a form of currency in specific contexts.

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CharmedSun CharmedSun Tue Feb 18 2025
Other tokens were redeemable for specific items, such as a cigar, a pint or a quart of milk, indicating their use in daily life.

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