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What are the types of Tokens?

Community FAQ › Category: General FAQ › What are the types of Tokens?
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Sudhir K asked 1 year ago
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1 Answers
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Nikita Jagtiani Staff answered 1 year 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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