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Q » What are token standards like ERC-20 and ERC-721?

Edward

02 Nov, 2025

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A » Token standards like ERC-20 and ERC-721 are essential protocols in the Ethereum blockchain. ERC-20 defines a standard for fungible tokens, meaning each token is identical and interchangeable, often used for cryptocurrencies. ERC-721, on the other hand, is designed for non-fungible tokens (NFTs), where each token is unique and non-interchangeable, commonly used for digital art and collectibles. These standards ensure interoperability and consistency across decentralized applications.

Michael

03 Nov, 2025

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A »Token standards like ERC-20 and ERC-721 are technical specifications for creating tokens on the Ethereum blockchain. ERC-20 is for fungible tokens, while ERC-721 is for non-fungible tokens (NFTs), enabling interoperability and ease of use across various applications and services.

David

03 Nov, 2025

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