# Token Taxonomy

Here are some simple categories to help understand token economics. They are not mutually exclusive.

### Social Tokens

{% tabs %}
{% tab title="High Level" %}
Social tokens (also recognized as "community tokens" or "social money") comprise the emergent development of token networks to integrate with the creator economy and online communities of various types.

The creator economy emerged over the past 10 years due to technical advancements in content creation and connectedness from social networks. Social tokens include both fungible and non-fungible token types.

Social token economies today include investment communities, creatives, cam artists, and visual designers. The most common social token use (aside from NFTs creating verified digital ownership) is tokenized access. This will evolve rapidly.
{% endtab %}

{% tab title="NFTs" %}

## Non Fungible Tokens (NFTs)

NFTs have become one of the most popular form of crypto use cases today, in part because of the reduced regulatory risk around non-fungible assets. These tokens allow for markets to form around digital art, content, and games.

{% embed url="<https://t.co/Q6HCzYijzG?amp=1>" %}

{% embed url="<https://www.nbatopshot.com/>" %}
NBA Moments
{% endembed %}

{% embed url="<https://www.cryptokitties.co/>" %}
Digital Cats
{% endembed %}

{% embed url="<https://axieinfinity.com/>" %}
Pokemon-like Axie Monsters
{% endembed %}

{% embed url="<https://www.larvalabs.com/cryptopunks>" %}
Unique Crypto Art
{% endembed %}

{% embed url="<https://www.christies.com/features/Monumental-collage-by-Beeple-is-first-purely-digital-artwork-NFT-to-come-to-auction-11510-7.aspx?sc_lang=en&gclid=Cj0KCQiA7NKBBhDBARIsAHbXCB48qH2KuI8UGpVqHx3uNroVLhM0zrZx6zJBcGrf0QgdQT_cGK12k7kaAglTEALw_wcB>" %}
Fine Pop Art
{% endembed %}
{% endtab %}

{% tab title="Social Communities" %}

## Social Communities

As opposed to simple ownership of a single asset, social community tokens create membership economies and opportunities for owners of a specific token network. The more tokens you own opens different levels of access to that community.

{% embed url="<https://fwb.help/>" %}
Creative Network of Friends
{% endembed %}

{% embed url="<https://whale.me/>" %}
NFT Collector Community
{% endembed %}

{% embed url="<https://dontbuymeme.com/>" %}
NFT Mining Community
{% endembed %}

{% embed url="<https://duckdao.io/?__cf_chl_jschl_tk__=cb55dcaaf2b9844066e5be6a52ae22068fdeb23f-1614092848-0-AYoTnXNQ2QJmHRw6fUhFVvqxDH0dRgsOYSD6tu3n4R8rk4sqkCgaXLP4vZEO1TowQSx-N2MCkYVP2e8-rXjz4flQDtVB2ZkcG4j1lkCXk0Cpq6I6DC5k14oAIJqFeTxuaq5ALaAAXFMIp4kijC4jTEAsxPpVaSme6sOxSzU7a_CbBmhbItqrkbmjP_HqaneIMnYxcxvDEGS9zePVhSn_TXRAL93OJYxOFv_RU4bINKjzdRRlsR2CnQALC3PL5bkrSFLpEt3rjTA-zPft0TQ9DtehJfiCrLq_NXgBwuvtMNLGnnEyue6fwFkpXLI36l411w>" %}
Crypto Investor Network
{% endembed %}

{% embed url="<http://cherryhotwife.com/>" %}
Adult Entertainment
{% endembed %}
{% endtab %}
{% endtabs %}

### Utility Tokens

{% tabs %}
{% tab title="High Level" %}
Utility tokens define a network created for some specific use case outside of simply recording and computing transactions.&#x20;

The ICO boom of 2017 propagated thousands of new companies who envisioned use cases for utility tokens including tokenizing commodities/supply chains, tokenizing identity, tokenizing computation, and using tokens as a governance system.&#x20;

Today, many of these ideas remain unrealized due to the necessity of further adoption and technical progress.
{% endtab %}

{% tab title="Utility Token Taxonomy" %}

## \[under construction]

## Oracles

Link\
API3

## Identity&#x20;

Bloom\
Bright ID\
Ceramic

## Defi

Maker\
Compound\
AAVE\
Uniswap\
Balancer\
Dough\
Synthetix

## Resource&#x20;

The Graph\
Filecoin\
Arweave\
Energy Web Foundation\
Regen Network

## Interoperability

REN\
PNT

## Curation and Prediction

Auger\
Gnosis
{% endtab %}
{% endtabs %}

### Protocols&#x20;

{% tabs %}
{% tab title="High Level" %}
The protocol layer for crypto networks include blockchains that work to serve the most basic foundation of recording and computing transactions. Decentralized applications are built on top of these protocols.

The most important protocols today include Bitcoin, Ethereum, and any other token created to support some underlying technical protocol. Protocols use tokens to incentivize behavior that builds value for the network in some way.&#x20;

Often, protocols give these tokens as rewards to participants helping record transactions that happen across the network via some consensus mechanism (proof of work, proof of stake, etc.).
{% endtab %}

{% tab title="Protocol Taxonomy" %}

## \[under construction]

## Transaction Layer Protocols

Bitcoin\
Bitcoin Cash\
Litecoin\
Dogecoin

## Smart Contract Layer Protocols

Ethereum\
Cosmos\
Polkadot\
Near\
Cardano\
Solana

## Second Layer Protocols

Polygon\
Optimism
{% endtab %}
{% endtabs %}

###


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