Those who are new to this crypto space, I'd suggest you all to go through this article once:
https://bitcointalk.org/index.php?topic=4964722I really liked how different types of coins and tokens have been explained in it. Doesn't matter if you are experience investor or a newbie, just give a look to the article. You'll appreciate it.
Disclaimer: It's not my article, I found it really explanatory and that's why sharing it.