Successfully
Blockchain technology offers unparalleled security combined with flexibility and stability. However, not all blockchain networks operate in the same way. When it comes to Ethereum, ERC-20 tokens are now the standard for all smart contracts.
The Ethereum network uses tokens that can be purchased, sold, or exchanged. While there were multiple types of tokens used at first, ERC-20 has emerged as the standard for the platform. It offers rules and functions that apply to all tokens on the network. As such, it is critical for stability, security, and usability.
ERC-20 tokens specify six functions that benefit other tokens in the system. These come down to functionality and ensure that all tokens, regardless of type, work the same way throughout the Ethereum system.
Blockchain projects in need of funding will find that ERC-20 token creation is essential. It allows tokens to be developed that can then be used to spur funding from investors, such as in an initial coin offering (ICO). However, while ERC-20 tokens can technically be created by anyone, as it is an open system, it does require specific knowledge and experience.
Thinking about raising funds through crowdfunding or an ICO? ERC-20 tokens ensure your success. We offer the expertise, experience, and knowledge necessary to create your tokens. Contact us today to learn more.