Crypto Token Types | NFTs, Stablecoins, Asset-Backed, & More
Stable, utility, asset, meme, and more.
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Utility tokens, stablecoins, meme coins, and non-fungible tokens (NFTs) are just some of the digital tokens in existence. As blockchain projects and cryptocurrency tokens continue to multiply, the variety of digital tokens is similarly increasing.
These eight types of digital tokens illustrate the range of purposes they can serve—from transacting business and storing value to verifying ownership of assets or just having fun. As the list of crypto use cases evolves, so might the types of tokens that underpin them.
Key Points
- A digital token may be structured for a general purpose or…
