Token Vs. Coin

  • As Security Tokens: These could refer to a company’s shares that are backed by the blockchain technology and function just like securities in the traditional financial industry.
  • Non-Fungible Tokens: These are tokens that are used to represent unique items like baseball cards, art, exchange of in-game items, etc.
  • Stablecoins: Stablecoins refer to tokens that have some stability in value and usage based on fiat currencies like the US Dollar, unlike Bitcoin and other coins whose value keeps fluctuating and are not stable.
  • Asset Tokens: These are tokens that are tied to assets in the real world, backed by assets like real estate or gold.

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