Token Standard
A set of rules that tokens follow so wallets and apps know how to handle them. Like having USB ports that work with all devices.
Example
ERC-20 for regular tokens like USDC, ERC-721 for unique NFTs like CryptoPunks.
Related Terms
Core Concepts
⚖️Common Token Standards
| Feature | erc20 | erc721 | erc1155 |
|---|---|---|---|
| Use | Fungible tokens | Unique NFTs | Both types |
| Examples | USDC, UNI, LINK | CryptoPunks, BAYC | Game items |