# Is BLOCKS a Cryptocurrency?

Partly. BLOCKS is a digital asset that has a multitude of utilities. The primary utility of the token is to govern the DAO. Token holders will have the right to submit improvement proposals and vote on corporate actions. Through some of our partnerships, BLOCKS maybe be used as a currency on third party platforms for goods and services. Additionally, BLOCKS may be used across government agencies as a case study for distributed ledger and cryptographic asset case studies.


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