✍Aenco Academy
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✍Aenco Academy

✍Aenco Academy #27: Five Types of Token you should know

𝐸𝒹𝓊𝒸𝒶𝓉𝒾𝑜𝓃𝒶𝓁 𝑒𝓈𝓈𝒶𝓎𝓈 𝓈𝓊𝓈𝓉𝒶𝒾𝓃𝒾𝓃𝑔 𝓉𝒽𝑒 𝒜𝑒𝓃𝒸𝑜 𝒞𝑜𝓂𝓂𝓊𝓃𝒾𝓉𝓎 𝒶𝓃𝒹 𝐸𝒸𝑜𝓈𝓎𝓈𝓉𝑒𝓂

We are getting comments from new users on how to differentiate different kinds of tokens. Aenco loves the idea of a knowledge-driven community and we thought we could try sharing five types of tokens you should know. Here’s the list:

Key Points for Type One
• Utilize blockchain infrastructures to deliver decentralized applications for different uses
• Benefit from the blockchains they build upon, gaining enhanced security and the ability to support transactional activity
• Run the gamut of use cases, from serving gaming and digital collectibles platforms to global advertising and marketplace industries

2. Security tokens

Key Points for Type two

3. Transactional tokens
Key Points for Type Three
• serve as units of account and are exchanged for goods and services.
• function like traditional currencies
• provide additional benefits. For example, with decentralized cryptocurrencies, such as Bitcoin, it is possible for users to execute transactions without a traditional intermediary or central authority, such as a bank or payment gateway.
• like other comparables, it could function as a currency

4. Utility tokens

Key Points for Type Four
• Integrated into an existing protocol on the blockchain
• Used to access the services of that protocol.
• Not created for direct investment like security tokens
• Can be used for payment of services within their specific ecosystems
• The relationship between a platform and a utility token is synergistic, as the platform provides security for the utility token while the token provides the network activity necessary to strengthen the platform’s economy.

5. Governance tokens

Key Points for Type Five

• On-chain governance allows all stakeholders to collaborate, debate, and vote on how to manage a system.
• Governance tokens fuel blockchain-based voting systems
• Used to signal support for proposed changes and to vote on new proposals.

𝓒𝓵𝓸𝓼𝓲𝓷𝓰 𝓣𝓱𝓸𝓾𝓰𝓱𝓽𝓼

We know our community has high hopes for the updates being made on the AENX v2.0, and we are working tirelessly to ensure future upgrades can be launched timely and suiting the community’s expectations. We are currently promoting discount benefits such as zero transaction fees, as well as the latest OTC capabilities and referral program launched, we encouraged our potential users to complete the KYC forms not just to enhance account verification, but to enjoy maximum benefits and discounts, too! Stay tuned for more updates, and we will be back next week for a new topic!

𝓡𝓮𝓯𝓮𝓻𝓮𝓷𝓬𝓮

https://blog.makerdao.com/all-event-roads-lead-to-dai-adoption/
https://concisesoftware.com/different-types-of-tokens/

𝓕𝓲𝓷𝓭 𝓐𝓮𝓷𝓬𝓸:

✔𝘛𝘦𝘭𝘦𝘨𝘳𝘢𝘮: 𝘵.𝘮𝘦/𝘈𝘦𝘯𝘤𝘰

✔𝘔𝘦𝘥𝘪𝘶𝘮: 𝘮𝘦𝘥𝘪𝘶𝘮.𝘤𝘰𝘮/@𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔ 𝘐𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮: 𝘪𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮.𝘤𝘰𝘮/𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔𝘓𝘪𝘯𝘬𝘦𝘥𝘐𝘯: 𝘭𝘪𝘯𝘬𝘦𝘥𝘪𝘯.𝘤𝘰𝘮/𝘤𝘰𝘮𝘱𝘢𝘯𝘺/𝘈𝘦𝘯𝘤𝘰

✔𝘛𝘸𝘪𝘵𝘵𝘦𝘳: 𝘵𝘸𝘪𝘵𝘵𝘦𝘳.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬: 𝘧𝘢𝘤𝘦𝘣𝘰𝘰𝘬.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘋𝘪𝘴𝘤𝘰𝘳𝘥: 𝘥𝘪𝘴𝘤𝘰𝘳𝘥.𝘨𝘨/𝘕𝘟𝘱𝘍𝘤𝘒𝘘

✔𝘠𝘰𝘶𝘛𝘶𝘣𝘦: 𝘠𝘰𝘶𝘛𝘶𝘣𝘦.𝘈𝘦𝘯𝘤𝘰𝘪𝘯.𝘤𝘰𝘮

✔𝘝𝘪𝘣𝘦𝘳: 𝘈𝘦𝘯𝘤𝘰 𝘝𝘪𝘦𝘵𝘯𝘢𝘮

✔𝘡𝘢𝘭𝘰: 𝘻𝘢𝘭𝘰.𝘮𝘦/𝘨/𝘷𝘷𝘨𝘭𝘮𝘫886

All Rights Reserved. 2021. Aenco Limited consists of a team with strong corporate management experience from global investment banks and financial institutions, as well as blockchain technologists and enthusiasts. Aenco believes that an end-to-end solution platform is essential to fully support fintech innovation. Other than the core blockchain component. Aenco focuses on real-life challenges of digital financing for both fintech projects and the investing community. This is the Aenco Ecosystem.

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𝐸𝒹𝓊𝒸𝒶𝓉𝒾𝑜𝓃𝒶𝓁 𝑒𝓈𝓈𝒶𝓎𝓈 𝓈𝓊𝓈𝓉𝒶𝒾𝓃𝒾𝓃𝑔 𝓉𝒽𝑒 𝒜𝑒𝓃𝒸𝑜 𝒞𝑜𝓂𝓂𝓊𝓃𝒾𝓉𝓎 𝒶𝓃𝒹 𝐸𝒸𝑜𝓈𝓎𝓈𝓉𝑒𝓂

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