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What are the types of Tokens?

Community FAQCategory: General FAQWhat are the types of Tokens?
Sudhir K asked 10 months ago
1 Answers
Nikita Jagtiani Staff answered 10 months ago

There are two types of Tokens-

Utility Tokens- It is sometimes referred as Altcoins. Even though it does not entitle to equity, it is popular for raising funds and to purchase for services and such

Security Tokens- It is usually for representing ownership of an assets, either in stock or in debt

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