We have expertise in developing different tokens which do or do not comply with the various standards out there for the different blockchain networks used as the underlying infrastructure. Furthermore, our team members are the ones to standardize and create reference implementation for some of our clients.
Before proceeding further you need to know the different types of tokens in terms of application and how they are being recognized by the law in different countries and jurisdictions.
Such tokens are backend up with a legal framework, similarly to the traditional financial world, in most of the cases they represent securities and impose future benefit for the people who invest in such fundraising campaigns in exchange for security tokens by the project.
Utility tokens are usually tied to a particular service/platform that they are going to be used for. Such tokens are mostly used by projects in the ICO market.
They represent the purest form of cryptocurrencies and are solely used as a mean for transferring value between parties.
Equity tokens represent a share of digital or non-digital assets, products, or companies. Similar to the security tokens they usually come with an additional legal framework involved if the asset is not purely digitalized and stored or represented on-chain.