October 31, 2022

What are ERC-20 tokens?

ERC-20 tokens are fungible digital assets that are built on the Ethereum blockchain.

What are ERC-20 tokens?

What is ERC-20?

ERC-20 tokens are digital assets that are built on the Ethereum blockchain. They can be used to represent anything from fiat currency to utility tokens. ERC-20 tokens are created using a standard set of rules that allows them to be interchangable with other ERC-20 tokens. This makes it easier for developers to create applications that can work with multiple different types of ERC-20 tokens.

List of popular ERC-20 tokens

There are thousands of different ERC-20 tokens in existence, with new ones being created all the time. Some of the more popular ERC-20 tokens include:

1. Golem (GNT)

2. Augur (REP)

3. Basic Attention Token (BAT)

4. 0x (ZRX)

5. Civic (CVC)

6. District0x (DNT)

7. Tether (USDT)

These are just a few examples of popular ERC-20 tokens – there are many others out there as well!

What are other similar tokens standards?

Other similar token standards include the Security Token Standard (STS), and the ERC223 Token Standard. The STS is a standard for tokens that represent security interests in a company or other asset. The ERC223 Token Standard is a standard for tokens that represent non-fungible assets (NFTs), such as property or works of art.

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