What are the common types of crypto tokens? shorturl.at

Common types of tokens which is developed by crypto token development company include utility tokens, which provide access to a platform’s products or services; security tokens, which represent ownership of an asset and may offer dividends or profit-sharing; and governance tokens, which enable holders to participate in decision-making processes within a decentralized organization. Additionally, there are stablecoins, which are pegged to stable assets like fiat currencies to minimize volatility, and non-fungible tokens (NFTs), which represent unique digital assets like art or collectibles.