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Types of Crypto Tokens

1. Stable Tokens- Stable tokens are cryptocurrencies without the volatility. They have many of the same abilities as ETH, but their value is stable.

2. Security Tokens- They are digital forms of traditional securities that live on a blockchain.it provides 2-Factor Authentication.

3. Asset Tokens- Asset tokens are digital claims on physical assets that are backed by the assets themselves. Gold, real estate, equity, soybeans, and virtually any other real, physical asset can be converted into an asset-backed token.

4. Non-Fungible Tokens (NFT)- Non-fungible means that it is unique and cannot be replaced with anything else. These are unique cryptographic tokens that exist on a blockchain and cannot be replicated.

To learn more about Token Development Services in India, visit our official website- LBM Blockchain Solutions or contact us at +91-8448443318.

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Uploaded on June 15, 2022