what are some of the different types of tokens that reside on blockchains 
blockchain tokens include reward utility security governance and asset tokens the bottom linecrypto tokens are digital representations of interest in an asset or used to facilitate transactions on a blockchain they are often confused with cryptocurrency because they are also tradeable and exchangeable crypto tokens are often used as a way to raise funds for projects in initial coin offerings icos have been abused by many parties to fool investors into contributing funds only to disappear but many are valid fundraising attempts by legitimate businesses if you re considering crypto tokens as an investment be sure to do your research on the team or company offering them investing in cryptocurrencies and other initial coin offerings icos is highly risky and speculative and this article is not a recommendation by investopedia or the writer to invest in cryptocurrencies or other icos since each individual s situation is unique a qualified professional should always be consulted before making any financial decisions investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein as of the date this article was written the author does not own cryptocurrency 