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Top IOU tokens by market capitalization

IOU contains 2 coins with a total market capitalization of $0 and an average price change of -2.90%. They are listed in size by market capitalization.

An IOU, which stands for "I owe you," is a written document that recognizes the presence of a debt. It is commonly seen as a casual written agreement rather than a legally binding contract. Some of the tokens in the IOU category are part of a decentralized, permissionless network that has been developed from the ground up to accommodate the next billion users of Web3.

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FAQ

What is an example of an IOU token?

An IOU token serves as an unchangeable record of debt on the blockchain. It symbolizes the amount owed between two parties, just like a traditional IOU would.

What’s the difference between an IOU and a promissory note?

A promissory note holds more legal weight than an IOU because it can act as a legal contract in court. While an IOU serves as an unchangeable record of debt on the blockchain, a promissory note can be enforced by law if necessary.