Security token
This category of tokens consists of assets such as participation in real physical underlying, companies, or earnings streams, or an entitlement to dividends or interest payments. Regarding their economic meaning, the tokens are similar to equities, bonds or derivatives.
Utility token
This category provides access to the goods & services that a specific project will launch in the future. Also, they can be used as a type of discount or premium access to the goods & services of the project.
Cryptocurrencies
Cryptocurrencies purpose is to be items of inherent value that are designed to enable sales, purchases, and other financial transactions. They are intended to provide most of the same functions as long-established currencies such as the U.S. dollar, euro and more but do not have the backing of a government or other body.