Coins vs. Tokens: The Distinction That Matters
Bitcoin — Store of Value: Digital Gold, Fixed Supply
Ethereum & Smart-Contract Platforms — Programmable Money (ETH, SOL, ADA, AVAX)
Stablecoins — Pegged: A Dollar That Lives On-Chain (USDT, USDC, DAI)
Utility Tokens — Access: Fuel for a Specific Platform (LINK, FIL, RNDR)
Governance Tokens — Voting: Ownership Without a Company (UNI, AAVE, MKR)
Exchange Tokens — Platform: Fee Discounts and Perks (BNB, CRO)
Privacy Coins — Anonymous: Financial Privacy and Controversy (XMR, ZEC)
Wrapped & Bridged Tokens — Crossing Blockchains (WBTC, wETH)
Memecoins — Speculative: The Honest Truth About Pump and Dump (DOGE, SHIB)
Real-World Asset (RWA) Tokens — Bringing Offline Value On-Chain
NFTs as a Token Type — Provable Ownership of One Unique Item
Layer 2 & Scaling Tokens — Faster and Cheaper (ARB, OP, MATIC)
How to Research Any Coin Before You Buy (Tokenomics 101)
Unit 4 — The Coins and Tokens: A Complete Taxonomy
Crypto · 14 lessons in this unit.