Fifty-six of the top 100 tokens are implemented at the protocol level of a blockchain, thirty-five follow the ERC-20 Token Standard, six are implemented in a crypto economic protocol on top of a blockchain, and two are application level dapp tokens.
Source quote, verbatim
Fifty-six tokens have a technical core that is implemented on the protocol level of a blockchain (blockchain native). Thirty-five tokens have a technical core that follows the ERC-20 Token Standard.
Wulf A. Kaal, Crypto Economics - The Top 100 Token Models Compared (2018). SSRN: https://ssrn.com/abstract=3249860
Holds when
N=100 dataset as of the May 6, 2018 cutoff
Classification
empiricalsupport: evidencedempirical-evidence
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