A cryptocurrency can have a large community, an impressive roadmap and plenty of attention, but none of that necessarily means the token itself has real utility. A token might be required to pay network fees, access a service, participate in governance or unlock specific features. In other cases, the token may exist largely because the project uses it to incentivise users. Understanding the difference is important because a successful platform doesn’t always guarantee that its token will have sustainable demand. When evaluating a crypto project, should investors ask what they actually need the token for before looking at its price potential?