January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Crypto tokens
Any type of cryptocurrency that is not created primarily to exchange values is considered a special kind of token. These tokens also possess the same capabilities as any other cryptocurrency, because they were created to function in a decentralized network. These tokens can be classified into two types:
- Security tokens: Security tokens represent real physical assets, such as a share in a company or any form of financial earnings. These kinds of tokens also possess a predefined economic value, which is analogous to the token's price.
- Utility tokens: Utility tokens are created to fuel projects and offer its holders access to the services provided by the project after launch. These tokens don't have a fixed economic value, and ...
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