Sirwin
Sirwin
Different tokens

The three types of tokens everyone should know


Types of tokens

At the moment, there is no unified classification for tokens. However, there three fundamental types of tokens: security/asset, utility, and payment.  The different functions of each type are critical to the tokens valuation and the government regulations.  For instance, the SEC and FINMA regulate Security and Payment tokens but not Utility tokens.  

Each type of token has key features.

Security or Asset token

This category of tokens represents assets that participate in real physical projects, companies, or earnings streams, or an entitlement to dividends or interest payments. In terms of their economic function, the tokens are similar to equities, bonds or derivatives.  INX is the largest security token offering to date.

Utility token

This category provides access to the goods & services that the project will launch in the future. Also, they can be used as a type of discount or premium access to the goods & services of the project.  SpecTruth’s STRUE tokens are a perfect example.

Payment tokens

The tokens is to be items of inherent value (similar, for instance, to cash or gold) that are designed to enable purchases, sales, and other financial transactions. They are intended to provide

 

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Spectruth
Spectruth

CEO of Spectruth


Spectruth, "Meta for All"
Spectruth, "Meta for All"

Spectruth is developing an AI virtual 3d therapy clinic to diagnose and treat children with development delay and anxiety disorders.

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