ERC20 (ERC20)

ERC20

The ERC20 Token was originally conceived as an upgraded alternative version of a cryptocurrency, providing advanced features. But through the years 97.000 holders of ERC20 token since 2017 found many ways to use the token according to trends people need. What is more interesting is that the EC20 Token can move far beyond just crypto-currency. Smart contracts, fast transactions, collecting and other advantages of ERC20 Token around decentralised blockchain and decentralised markets, among dozens of other such concepts, have the potential to substantially increase features and usage of the crypto industry, and provide a massive boost to other peer-to-peer world by adding for the first time an economic layer. Finally, there is also a substantial array of potential that have nothing to do with money at all.

Progress does not stand still, and in the future many issues and problems can be resolved. ERC20 Token with a built-in smart-contract introduced the future needs and desires of users and make it possible to carry out reliable and confidential transactions without the participation of external intermediaries in the person of banks or other third parties.

The concept of decentralizing and “Internet of money” as implemented by the ERC20 Token provides for users with unique potential; rather than being a closed-ended and borders limited, transaction’s time limited, tools limited, ERC20 Token is open-ended by design, and we believe that it is extremely well-suited to serving as a foundational layer for a very large number of both financial and non-financial world in the years to come.

Usefull links

CoinMarketCap

Official Website