Ether and Other Crypto Assets Are the Future
The crypto-token ether sure seems like a currency. It's traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek uppercase Xi character. It's mined in a similar (but less energy-intensive) process to bitcoin.
But ether isn't a currency. Its designers Buy Linzhi Phoenix ETH 4GB describe it as "a fuel for operating the distributed application platform Ethereum. It is a form of payment made by the clients of the platform to the machines executing the requested operations."
Ether tokens get you access to one of the world's most sophisticated distributed computational networks. It's so promising that big companies are falling all over each other to develop practical, real-world uses for it.