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In blockchain technology, the main types of tokens are:
Utility Tokens: Provide access to a product or service within a blockchain ecosystem, like Ethereum's ETH.
Security Tokens: Represent ownership in an asset or company, adhering to regulatory frameworks.
Stable coins: Pegged to a stable asset like fiat currency to minimize volatility, such as USDT or USDC.
Governance Tokens: Allow holders to participate in decision-making processes within a blockchain project, like MakerDAO’s MKR.
Non-Fungible Tokens (NFTs): Unique tokens representing ownership of digital or physical assets, such as art or collectibles.
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