Tokens and Standards
Tokens and Standards
Understand tokens and their role in Web3.
Tokens and Standards
Tokens are digital assets that exist on blockchains. They can represent value, ownership, or access rights.Common Standards
- ERC-20: Fungible tokens (e.g., stablecoins).
- ERC-721: Non-fungible tokens (NFTs).
- ERC-1155: Multi-token standard.