đ§ Ethereum blockchain is a platform where many digital assets are based. All such products are commonly known under the term âtokenâ.
There are as few as three types of tokens:
đ¸ Security (ownership);
đ¸ Utility;
đ¸ 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 đ âTokenization taxonomy. Utility Tokens vs Security Tokens vs NFTâ on Stobox blog.
