What Are The Different Types Of Tokens?
Certainly, here we have listed out the various types of tokens commonly used in the world of blockchain and cryptocurrency: Types Of Tokens 1. Security Tokens: Security tokens represent ownership in real-world assets, such as company shares or real estate, and are often subject to financial regulations. 2. Utility Tokens: Utility tokens provide access to specific products or services within a blockchain platform or ecosystem to enable functionality like decentralized applications (DApps). 3. Equity Tokens Equity tokens are a subset of security tokens to represent ownership in a company or project, often with rights to profits and governance. 4. Governance Tokens Governance tokens grant holders the right to participate in the decision-making processes of a decentralized network or platform that often involves voting on protocol changes. 5. NFT Tokens (Non-Fungible Tokens) NFTs are unique digital assets that prove ownership and provenance of items like digital art, collectibles, virtual ...