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Have you ever stopped to think about what you're really buying when you invest in a token?

The answer may seem obvious: "I'm buying crypto." But the truth is that most people don't even know what the token actually represents. Is it a stock? A game item? A ticket to access a network? Or just a bet on hype?

This confusion is a problem — for investors, for regulators, and for those who build in the market. And that's exactly what a16z Crypto (Andreessen Horowitz), one of the largest venture capital firms in the world, wanted to solve by proposing a simple and practical taxonomy for classifying tokens.

Read today's report: https://t.co/uO0lS6fxns