Network Token

Description

With growing activity and innovation around token-based network models, builders are wondering how to distinguish different types of tokens — and which might be the best choice for their business. At the same time, both consumers and policy makers are trying to better understand the roles and risks of blockchain tokens in applications. To help organize the conversation, we present definitions, examples, and a framework for understanding the seven categories of tokens we see entrepreneurs building with most often: network tokens, security tokens, company-backed tokens, arcade tokens, collectible tokens, asset-backed tokens, and memecoins. We outline them in more detail below.