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A Brief Summary of Crypto Tokens and Reasons to Hire Token Development Services | Antier Solutions

Crypto has been making its presence felt for more than a while now. It all started with the release of Bitcoin with the transactions taking place on a blockchain. Of course, no innovation comes alone, and this case was no exception.



New crypto exchanges were established to allow users to trade the coins and tokens with other users. The crypto market runs similar to the stock market though it is much more volatile in nature. With the success of crypto coins, multinational organizations and young entrepreneurs are busy with crypto coin development. Businesses are launching new crypto coins that can be traded on crypto exchanges.

Let us see a little more about the different types of crypto coins.

As we mentioned above, there are three basic types of crypto coins-

  • Bitcoin- it is the first crypto coin in the market Built on Bitcoin blockchain.
  • Altcoins- these are created as an alternative to Bitcoin and are traded similarly. Ex: Ripple, Tether, etc.
  • Tokens- these are built on existing blockchains and don’t have one of their own. Ex: Ethereum.

Tokens are created in a limited number and are distributed through Initial Coin Offerings (ICO) and Security Token Offerings (STO). Token development was first started by Ethereum. There are currently more than 20,000 tokens that can be traded on the Ethereum blockchain (ERC-20).

Tokens are further classified into different types based on the purpose they serve...

Read full article here, https://www.antiersolutions.com

At Antier, we offer complete token development services — from token conceptualization and token development to white paper creation and marketing.

Connect with our subject matter experts to share your needs for token development.

Originally published at  https://www.antiersolutions.com


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