Here's a useful way to categorize tokens -- from network tokens to memecoins, plus a handy flowchart to help figure things out.

Token definitions: https://a16zcrypto.com/posts/article/defining-tokens/

Company-backed vs. network tokens: https://a16zcrypto.com/posts/article/network-tokens-vs-company-backed-tokens/

by @milesjennings, @skominers, & @eddy

CTO @a16zcrypto, lover of https://github.com/a16z/awesome-farcaster

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

@a16zcrypto • Harvard/HBS • 🧩 • QED

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memecoin could have / develop value at any point in time, what’s gonna happen then?

Love this. 

What about: left most path, highly speculative, but no formal right, title or interest in the issuer?

I tried to put the token model of my onchain game in any of the categories described above. I could say my token model is 50% a network token. And going further to describe it as an asset it is neither "backed" nor "collectible", the later of which sounds more NFT like.

My token model is a network token which value is primarily derived from a unique good. So how to square this circle then?

tokens created primarily for entertainment or speculative purposes, often lacking intrinsic utility or value