[anichhangani]

> The coin only exists to provide 'liquidity' and improve confidence from financial institutions.

Can u please elaborate what are the other traits a coin can exhibit other than providing value? And what are the other purposes of coins such as bitcoin/litecoin/ether etc.

[kolinko]

In case of Eos, you need to own the tokens to run smart contracts on the network (mire you have, more % of processing power you get).

In case of Ether, besides being used for transaction fees, it will be used for providing security/governance (token holders kind of voting on what the next blocks are), but also as an underlying store of value (e.g. as a collateral for tokens pegged to fiat currencies - see MakerDAO)