11 Types of Cryptoassets

There are 11 major types of cryptoassets.

  1. Store of Value: Ex) Bitcoin
  2. Smart Contract Platform (DeFi): Ex) Ethereum, Solana
  3. Oracle: Ex) Chainlink
  4. Layer 2: Ex) Polygon (for ETH), Lighting Network (for BTC)
  5. Payments: Ex) XRP, Bitcoin Cash
  6. Privacy: Ex) Monero
  7. Exchange Tokens: Ex) BNB, FTX Token
  8. Meme Coins: Ex) Doge Coin, Shiba
  9. Stable Coins: Ex) USDC, USDT
  10. Decentralized Stable Coins: Ex) UST
  11. NFTs: Ex) Bored Apes, Crypto Punks