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

The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects!

The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects!

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

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

the first question on that chart is going to trip a lot of people up. Inherent value is always the esoteric and subjective question in crypto.

Also understanding that we might be cool with a bunch of tokens and projects being called memecoins.

Burning playbooks @ Heretic.wtf Prev: CMO at Aleo, RabbitHole, Gaia + a bunch of agencies.

There are nuances but I don't think it's that esoteric. And there are a bunch of tokens that are memecoins — and a bunch of tokens that call themselves memecoins that are definitely Company-backed!

There are true memecoins (Zora, Pump fun)

And there are posers (companies and networks) trying to get in on the trend. 

Feels like a brand problem! (everything is a brand problem to me)

It's possible for something to call itself a memecoin but for that to be a thin veneer over being a Company-backed token.

Brand is really important but I think of network design as the Big One

zora and pump are two big conglomerates by now, not memecoins but memecoin factories. their token isnt a meme coin surely.