Beaufort Bardot invests in all types of cryptocurrencies. The four major types include utility, payment, security, and stablecoins. There also are DeFi tokens, NFTs, and asset-backed tokens. Of all cryptocurrencies, the most common are utility and payment tokens.

Coins: Coins can be differentiated from altcoins because they are based on their blockchain. On such a blockchain, they act as the native token as well as a payment token. A good example is Bitcoin on the Bitcoin blockchain and Ether or ETH on the Ethereum blockchain.

Altcoins: Although these can be regarded as coins, they are all understood to be alternatives to Bitcoin as the first cryptocurrency. Some examples include Namecoin, Peercoin, Litecoin, Dogecoin, and Auroracoin. Some altcoins like Ethereum, Ripple, Omni, and NEO have their blockchains, others do not.

Tokens: Tokens are the digital representations of a particular asset or utility in a blockchain. All tokens can be termed altcoins, but they are differentiated by residing on top of another blockchain and not being native to the blockchain on which they reside. They are coded to facilitate smart contracts on blockchain networks like Ethereum, and we can transfer some from one chain to another. The tokens are embedded in self-executing computer programs or codes and can operate without a third-party platform. They are also fungible and tradable. They can be used to represent loyalty points and commodities or even other cryptos.