Eva_gabriel Posted March 5, 2022 Report Share Posted March 5, 2022 In this blockchain era, Ethereum is the popular and open-source blockchain platform. Also, it has been very helpful to create many decentralized blockchain applications. In the Ethereum blockchain, transactions are securely stored in an immutable distributed ledger. The ethereum network is famous for the implementation of smart contracts and creating crypto tokens. While speaking of crypto token development, it is important to know which is the popular token standard to launch your crypto token. Ethereum has various token standards to create tokens. For instance, ERC20 - a fungible token standard and ERC721 a non-fungible Token standard, etc. Many crypto startups and young entrepreneurs more specifically prefer the ERC20 Token standard. This is because all popular tokens in the market are mostly created using the ERC20 token standard. ERC20 is the technical token standard that can be used as a framework for creating ERC20 tokens easily. It allows the developers to manage and monitor the supply, balance, and other features of tokens. Let me share some of the perks of creating ERC20 tokens Benefits of ERC20 tokens : Irreversible and faster transactions Provides high liquidity Enables risk-free transactions because of the secure smart contract Easy to develop / easy coding Used in ICO platforms to raise funds Verifies transactions effectively If you are a startup having a plan to develop your own Crypto tokens, then create your crypto tokens on the ERC20 token standard. By creating your own ERC20 token as a startup, you can instantly raise the funds that you need for your crypto project development. To create your ERC20 token in a secure way, choose the most reliable ERC20 token development service provider. I would like to suggest the best token development solution provider - ICOCLONE. They provide the complete assistance of ERC20 token development to their clients from starting phase to the destination. Also, they have a handful of skilled blockchain developers to create your ERC20 tokens with cutting-edge technologies as per your business needs at an affordable cost. You can feel free to contact their team experts via Whatsapp / Telegram: 91 95005 75285 Email: [email protected] Skype: live: hello_20214 Quote Link to comment Share on other sites More sharing options...
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