Crypto Authority

#6 | ERC20 vs ERC223 vs ERC721 (Blog Broadcasts)


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In this episode, we explain the differences between the 3 different Ethereum Token Types that most ICOs opt for. The most popular one being the ERC20 standard which almost every ICO using the Ethereum Blockchain uses.
ERC20 - Most Basic & Functional Token
ERC223 - Similar to ERC20 but allows for transfers to be cancelled
ERC721 - Non-fungible tokens. Beneficial for tangible assets that one wants to tokenise.
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