What Are ERC-20, ERC-721 & ERC-1155 Token Standards?

If you’ve used a cryptocurrency or digital collectible on Ethereum, you’ve interacted with a token standard—probably without realizing it. These standards are the technical backbone tha...

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What Are ERC-20, ERC-721 & ERC-1155 Token Standards?

Source: be1crypto.com

If you’ve used a cryptocurrency or digital collectible on Ethereum, you’ve interacted with a token standard—probably without realizing it. These standards are the technical backbone that determines how tokens behave, transfer, and hold value on the blockchain. Understanding the differences between ERC-20, ERC-721, and ERC-1155 matters for anyone evaluating tokens, building Web3 projects, or trying…