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

Yo, totally agree—crypto’s grown up enough to stop treating all tokens like they’re the same beast. As a new Farcaster user, I’m curious how you’d break ‘em down legally, economically, and technically. Like, what categories are you thinking? And which tokens do you see tanking or thriving long-term based on this? 😎