Types of Ethereum Token Standards
ERC20 Token
ERC20 Tokens are nothing but the blockchain assets that can be sent, delivered and obtained similar like Bitcoin, Litecoin, Ethereum, etc, Many ICOs utilize ERC20 token creation to deliver tokens nowadays, Maximum numbers of tokens are mainly built through ERC20 standard due to its unique features.
ERC20 is the standard token created on the ethereum blockchain, it can be used easily integrated with wallets and exchange platforms and also easily exchanged with another ERC20 token.
ERC-721 Token
This Token is mainly used for Gaming purpose Because these tokens are the advanced version which is used by many gaming platforms. This token can be developed on the Ethereum blockchain network and it allows unique tokens to be managed, owned and traded. In ERC-721 token each token can hold a different value. This token is also known as Non-Fungible Token
ERC-1400 Token
ERC-1400 token is a Crypto token built on Ethereum blockchain and it was created by Polymath along with numerous external contributors. Security tokens can be a digital form of all financial securities and they might have their own Ethereum-based token standard called ERC-1400, it works with several other token standards to manage both Fungible and Non-fungible token. ERC- 1400 makes the security token transactions more transparent and the status of any transactions can be checked in real-time.
ERC 223 Token
ERC 223 Token is nothing but an improved and modified version of ERC20. ERC223 token is allowing the user to transfer tokens to smart contracts and wallets with the same function. It can increase the adaptability of ERC20 Tokens and also enable the contract developers to manage incoming tokens.
ERC 827 Token
ERC 827 Token is one of the latest standards of the ethereum network, which is basically an extension of the standard interface of ERC20 Tokens it is used to allows the transfer and approvals.
Best Ethereum Token Service provider
Developcoins a leading Ethereum Token Development Company, They offer the best Ethereum Token Development services for business, start-ups, and entrepreneurs, with a year of experience in ERC token development, Developcoins are experts at creating custom token with different ERC Standards.
Developcoins offers a wide range of Ethereum Token Development Services include
Token Development
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ICO Development
Listing on Exchange
Cloud Storage
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