Cryptoassets can (mostly) be divided into 5 categories based on the types of networks on which they're used.
Primarily used as Money / Store-of-Value
Used as 'gas' on General Purpose Networks
Built for Specifc-Use Networks
Specific-Use on Single Entity's Network
Represent Claims on Off-Chain Assets
Similar to how equities are often classified, cryptoassets can often apply to specific sectors of economic activity. Below are sectors identified for the assets we cover today.
Decentralized advertising platforms incentivize new markets through ad-network-specific onchain tokens.
Application development platforms use onchain tokens to incentivize development of blockchain-based tools.
Asset management platforms offer ways to manage onchain assets.
Content creation chains incentivize content-creation by fostering a micropayment market between content-consumers and publishers.
Crowdfunding platforms raise money via a native blockchain token and allocate to projects, often through community vote (either onchain or through a Foundation).
Crypto Collectibles are non-fungible tokens designed to be unique and tradable.
Decentralized currencies operate as money and stores of value. They are globally accessible and controlled by no single entity or group.
Decentralized Application (dApp) networks provide access to many dApps, often layering their own unique services on top.
Decentralized exchange platforms allow the conversion of one cryptoasset to another without a middleman mediating the transaction.
Distributed computation assets create a market for CPU/GPU power distributed globally across participating computers.
Distributed storage assets create a market for storage space distributed globally across participating computers.
Energy market cryptoassets enable more efficient trading and allocation of energy-grid resources without reliance on a traditional middleman.
Not to be confused with decentralized exchange platforms this sector refers to tokens that exist primarily on centralized exchanges for use on those exchanges.
General purpose decentralized compute platforms operate as a global computer, capable of executing arbitrary code - called smart contracts or 'dapps'.
Decentralized identity systems use blockchain networks to create identity records that aren't controlled by any single entity or group.
Internet-of-Things assets incentivize participation in IOT networks.
Interoperability-focused blockchains provide services that can link one chain to another. These are often intended as core chains or platforms on which wider ecosystems of more use-case-specific chains can operate together.
Blockchain lending platforms generally collaterize loans using on-blockchain assets, but may offer other loans or lending functions using blockchain networks.
Meme tokens. Much wow.
Onchain Governance assets incorporate the ability for various stakeholders to directly signal or vote for certain outcomes with respect to development of the protocol/asset itself.
Payment platforms integrate multiple blockchain assets into one platform for ease of payment, possibly employing smart-contracts for more complex applications.
These assets show signs of being scams, and are either currently under investigation, or are 'near scams' where no explicit intent to decieve is known to OCFX, yet there's sufficient obvious misleading/improper conduct present to warrant this classification.
Decentralized prediction markets use onchain-assets to create economic incentives to correctly predict the outcome of events.
Privacy-focused decentralized currencies incorporate technology designed to make it difficult or impossible for 3rd parties to track the flow of coins from one transactor to the next.
Scam chains are released with intentionally misleading or false information. Coins we list under this category must have well-documented histories showing intent to deceive, and/or exhibit extraordinary claims with consistent inability to produce evidence justifying such claims. Other coins & blockchain assets may also be scams. This list is not exhaustive.
Timestamping services underpin decentralized digital-rights management by using the permanence and irrefutability of blockchains to prove that a piece of content existed at a certain time.