Tokens

Cryptocurrency tokens are digital assets that are built on top of existing blockchain networks, such as Ethereum or Bitcoin. They can represent a wide range of assets, including utility, security, or even physical assets such as gold or real estate.

Utility tokens are the most common type of token and are used to access specific services or products within a blockchain ecosystem. For example, the BAT token is used within the Brave web browser to reward users for viewing ads.

Security tokens, on the other hand, represent traditional securities such as stocks or bonds, and they are subject to the same regulations and laws. They often offer investors ownership in a particular company or project and can provide dividends or profit-sharing.

Stablecoins are another type of cryptocurrency token that are pegged to a stable asset, such as the US dollar, to minimize price volatility.

NFTs (Non-Fungible Tokens) are unique tokens that represent one-of-a-kind digital assets, such as digital art, collectibles, or even virtual real estate.