How many types of Altcoin are there?

[DMiracle1]

Now that there is a lot of Altcoin in the market, do you know how many types it has?

As of this writing, there were currently 1,567 altcoins listed in coinmarketcap excluding bitcoin. Did we even know that cryptocurrencies were categorized into 3 types?
Namely :
1. “Currency” Cryptocurrencies : ex. Bitcoin, Litecoin, Bitcoin Cash
2. “Utility” Cryptocurrencies : ex. Ethereum, Filecoin
3. “App/Platform” Cryptocurrencies : ex. Augur, Ox

[trapleireilis]

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[GrannyC]

Oh well, there are pure coins that do not have anything on top like bitcoin, litecoin... others are privacy oriented like monero, zcash, verge.... and then all the ones that admit tokens and processes like ethereum and NEO.

[wolftramwhistnost]

Marinecoín is offering 20000 coins for each member. .MTC. was born in 2013 and is now nearly 5 years old. ctc uses artificial intelligence as a foundation. Marinecoín time dilution technology. Dilution Technology - Artificial Intelligence - Self-Sustaining - Community - Fair Distribution - iot - Spending less time reading it can change your life. link refer to marinecoín.in

[$Darkloard$]

Every year more and more alternatives to bitcoin appear, and some of them look very promising. They make it possible to get rid of the shortcomings of the initial blockage and create conditions for healthy competition on the market. The market has more than 1500 coins and every day is added...

[Buntel168]

so many type of altcoin have affear but honestly some of them are scammer whos hunting us, i dont really sure how much type of altcoin exactly, but for me lending type is the best.

[hsjrjkf]

Classification of Altcoin
Bitcoin-like type
This type of currency is very large. Earlier Litecoin and dog breeds were among them. Although the market value of these breeds was not as good as before, they still have a certain market. The breed of Bitcoin has its own characteristics and it does not care about itself. The value lies in the use of more people, and the value is higher. However, once there are fewer people, their value will be low. The only source of value (price) is the number of people using the funds and the investment funds.
Platform type
Assets can be issued on it and have some application properties Assets can be referred to as platform assets, Ripple, Nxt, Bts, early ETh, Etc, Lisk, waves These can all be called platform assets because on these platforms All assets can be issued. The value of platform assets comes from the application ecology of the platform and whether the platform's application functions are truly accepted by the market.
Platform token
This category is related to the previous type. Assets (tokens) are issued on Ethereum or above, collectively referred to as the platform distribution type, usually referred to as IOU, and the credit and value of each IOU are provided by the issuer. Credit composition.
App types
Assets issued based on actual business logic requirements are similar to SCs for cloud storage, AMPs for social networks, steems for forums, etc. The value of such assets will depend on the actual growth of the application and the scale of the application.
Dividend type
This type may be a token issued on the platform, but each currency has its own dividend logic, such as the Babitian Forum shares DCS, DGX's dividend equity DGD, the value of such assets lies in the growth of the dividend mechanism behind it. Sex.
Anchoring asset types
Some of these types are through platform-issued price-stabilized assets that are technically secured or asset-backed, such as bitcny, bitusd in Bts, and Dgx on Eth, and even anchor value assets secured by issuer credits, such as certain transactions. The platform is issued to anchor the assets of the local currency. There is no room for appreciation of such assets, just to facilitate the transfer of equal assets, but it may lose its value due to the issuer’s lack of credit.