Four types of digital assets
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The four categories of crypto tokens or “digital assets” are open source cryptocurrencies, ICO coins, Reg D compliant initial offerings, and tradable securities. If you are considering issuing your own assets, or handling existing assets, you should understand where they fit in this list.Photo by Samuel Isaac on UnsplashOpen source cryptocurrenciesIn the beginning there was bitcoin, an open source cryptocurrency. An open source cryptocurrency is used to reward participants that are part of an open source community. They organize themselves by agreeing to run the same code. They share resources, and they distribute rewards to resource providers in the form of crypto coins or tokens. Bitcoin pays for “mining”, which is compute time used to make the blockchain reliable and difficult to (...)