🧐 Ethereum blockchain is a platform where many digital assets are based. All such products are commonly known under the term “token”.
There are as few as three types of tokens:
🔸 Security (ownership);
🔸 Utility;
🔸 Non-fungible, aka collectible, tokens.
Basically, this is the complete list.
If you would like to take a closer look at the difference between the three main types of tokens, have a deeper understanding of their purpose, and the use cases of implementing them into different business models, follow the link to our recent article 👉 “Tokenization taxonomy. Utility Tokens vs Security Tokens vs NFT” on Stobox blog.
