FxWirePro-Blockchain glossary for beginners- Difference between ERC 20 vs ERC 721

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FxWirePro-Blockchain glossary for beginners- Difference between ERC 20 vs ERC 721

Thursday, August 4, 2022 8:43 AM UTC

Fungible token	Non-fungible
It represents a class of assets	Represents a particular type of assets
All tokens are uniform	Each token is given unique properties and can be easily distinguished

Each token can be interchanged for any other token with same value	Non-interchangable
Not collectable	Collectible
It can divided into decimals	ERC 721 tokens are not divisible
Widely used in most ICO	Examples crytpo kitties, decentraland and Etheamon

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