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3/5 #Security Tokens:
Security tokens have characteristics resembling traditional #investment instruments, like equities, and are typically used as fundraising vehicles.pic.twitter.com/cOKBFPoKTx
4/5 Non-fungible tokens:
#NFTs, many of which follow the ERC-721 standard for tokens, are altogether different in nature. They're still recorded on the blockchain, but each NFT is unique and valued individually, similar to a baseball card or a piece of artwork.
cc: @niftygatewaypic.twitter.com/YzwT3LCXtT
5/5 #Stablecoin:
Stablecoins are created when assets, like the US #dollar, are turned into a token. One of the benefits of this type of token is that it can move freely on the blockchain, but have the price stability of traditional currencies.pic.twitter.com/toYdyjw0n5
While the early NFTs were built using the #ERC721 standard, it's widely accepted that #ERC1155 tokens have more robust smart contract capabilities and overall more use cases.
Read more at http://Enjin.io as their CTO @witekradomski is one of the lead co authors
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Utility Tokens
