What is the difference between ERC20 and ERC721 tokens?
The main difference between ERC20 and ERC721 tokens lies in their fungibility. ERC20 tokens are fungible, meaning each token holds the same value and can be exchanged equally, like cryptocurrencies. In contrast, ERC721 tokens are non-fungible, representing unique assets such as NFTs, where each token has distinct properties. For projects looking to develop either type, Security Tokenizer, a leading blockchain development company, provides customized ERC token development solutions.
Explore More: https://www.securitytokenizer.io/erc20-token-development
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