Three types of cryptocurrency tokens explained as quickly as possible
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Considering there are well over 2,000 cryptocurrencies on today’s market, the average cryptocurrency investor faces being veritably overwhelmed by choice. That certainly sounds like a lot, but pretty much all cryptocurrency falls into one of three token categories: currency, utility, or investment. Each group requires different rules and regulations to ensure their issuance and exchange is above board with government regulators. Depending on the country, cryptocurrency startups may also have to register their business with regulators…
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