ERC-20: The Golden standard for Fungible tokens on the Ethereum Blockchain

erc 20 tokens

The ERC-20 remains the golden standard for fungible tokens in the Ethereum Blockchain. The ERC-20 and ERC-721 are essential to trade in the NFT marketplace.  So, let’s understand these two tokens on the Ethereum Blockchain.

What is ERC-20?

ERC-20 refers to fungible tokens on the Ethereum blockchain. More specifically, ERC-20 is the technical standard for creating fungible tokens on the Ethereum blockchain. It is a framework for how fungible tokens must be created and managed on the blockchain.

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Tokenizing Creativity – NFTs Influence on the Art and Entertainment Industry

NFT art

Digitalization has crept into almost all spheres of life, the art and entertainment industry included. Today, NFTs play a major part in the art and entertainment industry. The future of NFT is intertwined with the future of the entertainment industry.

Impact of NFTs on the Art and Entertainment

Let’s understand the impact of NFTs on the art and entertainment sector. To understand this, we must go back in time to appreciate the role of digitization in art,

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Blockchain’s Bold Move: Web 3.0’s Promise to the world

blockchain bahrain

The world of cryptocurrency and blockchain technology is evolving rapidly, and the transition from Web 2.0 to Web 3.0 is at the forefront of this revolution. Let’s delve into the implications of blockchain technology in context.
In this blog, we will address several key questions:

• What is the essence of Web 3.0 technology?
• What are the primary features of Web 3.0 technology?
• How does it intersect with blockchain development?

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