Formed by locking value in its parent chain, and sending it to a pegged distributed ledger.

General form of money with the potential to capture global M2 money supply.

Platform Crypto Assets

Not limited to peer-to-peer electronic transfer of value, these are distributed protocols that integrate high-level programming capabilities.

Application Token

Native to decentralized applications that have a digital token associated with their use or monetization, without locking value in its parent protocol.