ERC-20 Token Development
ERC-20 tokens are developed using ERC-20 standards to create and issue smart contracts on the Ethereum blockchain. These tokens constitute a single entity and can be interchanged with another token. These tokens are fungible and best suited for ICOs and crowdfunding ventures.
ERC-721 Token Development
ERC 721 is the first token standard developed to support Non-fungible digital assets. It is a set of open protocols that guides the development of non-fungible tokens on Ethereum Virtual Machine (EVM) compatible blockchains. ERC 721 tokens are not divisible and symbolize a collection of digital assets.
ERC-777 Token Development
ERC 777 tokens are created using ERC 777 token standard to overcome the limitations of the ERC-20 standard. It enables the execution of various functions in a smart contract within a single transaction, thus reducing overall transaction fees and network load. It is a fungible token standard and customized based on the requirements.
ERC-1155 Token Development
ERC 1155 is the only token standard that enables you to create any digital asset from gaming items to real estate. ERC-1155 became the official token of Ethereum following its launch. It is the widely used token standard in the Ethereum ecosystem which facilitates batch transfer, and atomic swaps that save gas fees by 90%.
ERC-223 Token Development
ERC 223 token addresses the drawbacks such as lack of event handling mechanism, inefficient address-to-contract communication, token losses, and increased gas fees of the ERC-20 standard. All the ERC-20-enabled services or contracts will work comfortably with the ERC-223 token.
ERC-827 Token Development
ERC 827 is an augmentation of the ERC-20 token, which can seamlessly execute more complex functions involved in token transfer and approvals. In addition to allowing users to send currencies, this token enables them to send data across the distributed ledger. It is also used to authorize third parties to spend tokens.
ERC-865 Token Development
ERC 865 is an extension of the ERC-20 token that enables token holders to use tokens to pay for transfers instead of gas. ERC 865 token standard is best suited for dApps, thus helping Ethereum dApps users to transact without any gas fees. It aims to make things simpler for cryptocurrency buyers and beginners.
ERC-1400 Token Development
ERC 1400 tokens, known as security tokens, are developed using the ERC 1400 token standard, created to improve the protocols of the security tokens built on the Ethereum network. ERC 1400 token standard bridges the gap between crypto and fiat securities and can be used to create security tokens.
