Cryptocurrencies (e.g. coin, token) are smart assets that may represents a tangible real-world asset or a non-tangible ownership that can be purchase, sold, or exchange as defined by rules in the blockchain network (i.e. consensus rules and smart contracts).
• Commodity Token: It is a fungible good. The value is determined with market operations and supply and demand.
• Money: A tool of exchange which store of value. (e.g. Commodity Money , Fiat Money )
• Currency: A system of money (monetary units) which can be used to record transactions.
• Utility Token: Platform-dedicated tokens which serves as a medium or “coupon” for service.
• Reward Token: Platform-dedicated tokens which serves as a medium for scoring.
• Security Token: Value based on Corporate Performance.
• Equity Token: Corporate ownership with voting capability.
• Debt Token: Represents debts and liabilities. (e.g. Bonds, mortgage)
• Asset-Backed Token: A digital certificate that represents a physical or real-world asset.