About Tokens

in #undefined5 years ago

Based on Blockchain Network & ERCLWpxKEv3_400x400.png20

Token types:

Commodity tokens (Digix, El Petro). These tokens are backed by real world commodities, whether it is gold, silver or oil. The rate of these tokens depends on the rate of the commodity backing.

Protocol tokens (Gnosis, Stellar). These are cryptographic pieces of code required for access to protocols that a certain service utilizes, like building DApps or Decentralized exchanges for Ethereum.

Security tokens (Tezos, Polymath). These tokens act as a company’s share. Basically, with these tokens, you may own a part of the company, like in a stock market.

Utility tokens (AWC, Golem). These tokens provide the access to certain features of a service issuing ones. For example AWC is an utility token of Atomic Wallet used for bounty campaigns and signups. You can hodl it to use for the wallet’s upcoming features or trade it on IDEX.

Collectible tokens (Cryptokitties, RarePepe). These tokens represent a virtual collectible unit, like baseball cards, adorable kitties or memes. But on the blockchain.

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Hello @damiumday! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!

Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!

https://partiko.app/referral/partiko

Congratulations @damiumday! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

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