How To Send And Receive Erc-20 Tokens?
December 7, 2022 ⚊ 1 Min read ⚊ Views 107 ⚊ BUSINESS
Ethereum Request for Comment is known as ERC; that is nothing but a set of protocols that provide detailed instructions and specifications for developing tokens on the Ethereum network. The smart contracts that are created and issued based on the Ethereum blockchain with the standards can be called as ERC20 tokens or ERC20 coins.
These tokens are used to tokenize assets by using smart contracts and raise money by selling them on an ICO or other crowdsale platforms. As the ERC 20 is powered by smart contacts, investors used to prefer and trust the ERC20 tokens. Although there are many standards like ERC-721, ERC-1155 and others, the ERC20 is the most popular among them. So developing such beneficial ERC20 tokens with CryptoApe, you can include a few more add-ons with your tokens.
