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📣 The Tokenized Economy: What Are Different Types of Tokens Designed For? 👉 Utility Tokens – Designed for interaction within a specific ecosystem. 👉 Product and Service Tokens – Designed to redeem products, access services, unlock platform functionalities, or enjoy discounts. 👉 Transaction Tokens – Designed to cover transaction fees within a blockchain network. 👉 Protocol Tokens – Designed for the operation and governance of blockchain protocols. 👉 Governance Tokens – Designed to empower holders to participate in decision-making processes within blockchain protocols. Read Moore Blockchain and Digital Asset’s Blockchain Specialist, Isabelle Heyl’s expert article, “The Tokenized Economy Part 2,” here: https://bit.ly/4fJkFDv #tokenization #tokenizedeconomy #utilitytokens

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Blockchain Specialist – Moore Blockchain and Digital Assets JHB

🚀 The Tokenised Economy - Part 2 🚀 In our journey through the tokenised economy, utility tokens stand out as the versatile powerhouses driving the blockchain ecosystem. From granting access to exclusive goods and services to powering transactions and governance, these tokens are the backbone of interaction within the digital landscape. Explore the different roles these tokens play, from Product and Service Tokens to Protocol and Governance Tokens, each enhancing your platform experience in unique ways. 🌐 Unlock the full potential of the blockchain with utility tokens! #Blockchain #TokenEconomy #UtilityTokens #DigitalAssets #Innovation TrustReserve

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