ERC621 standard token

This standard is associated with the issue and supply of additional tokens,

and their decrease is of appeal to financial managers. A situation might be

when you underestimated the market and later realized that you could have

released another 1 million tokens that investors would have bought during

the ICO or vice versa, indicating in your white paper that all unreleased

tokens will be burned. ERC621 token is not independent and provides

additional functions to ERC20 or ERC223 tokens.

ERC721 standard token

U nlike the previous tokens, the ERC7 21 token is a unique non-replaceable

element. In round A, the Crypto kitties raised $ 20 million? Each token is

made unique, individual, and not interchangeable by working on the

ERC7 21 standard of the Ethereum token.

ERC827 standard token

Being an add-on for ERC20 and ERC223 tokens, the standard token

ERC827 allows you to provide access to the transfers of your tokens on

behalf of an external service. Similar to how Google or Facebook

authorizations work, it can be used in centralized cryptocurrency exchanges

that do not have an internal wallet in the system but simply request

permission to your account. They share some of your data with an external

platform which can be a monthly subscription to your telecom services or a

magazine subscription.

The programming languages to create your own Ethereum

token

The programming languages that allow you to create your own Ethereum

token are Mutan, LLL, Serpent, and Solidity.

A comparison of security token and utility token

A token is capable of representing anything digitally, a stock, a bond, an

option, or a property; it can represent access rights to a blockchain and can

also be used to automate “friction points” in diverse industries.