What is a community token?

This is the “new wave” of crypto projects right now, which are starting to take the market by storm. They’re being called “community tokens” and they combine the best of all the worlds… Because they depend on community involvement they are very fun. Because the developers create them for longevity, they have utility built in.

What are compound tokens?

The popular savings protocol Compound, for example, issues all users a token called COMP. This token gives holders a vote in how Compound is upgraded. The more COMP tokens you have, the more votes you get. Non-Fungible Tokens (NFTs) NFTs represent ownership rights to a unique digital or real-world asset.

What are security tokens?

Security tokens Security tokens are a new class of assets that aim to be the crypto equivalent of traditional securities like stocks and bonds.

What are Defi tokens?

DeFi tokens A new world of cryptocurrency-based protocols that aim to reproduce traditional financial-system functions (lending and saving, insurance, trading) has emerged in recent years. These protocols issue tokens that perform a wide variety of functions but can also be traded or held like any other cryptocurrency.