You are viewing a single comment's thread from:RE: The Rise of the "TOKEN ECONOMY"View the full contextervin-lemark (75)in #steem • 8 years ago Hello. Do you make a distinction between a crypto currency and a token like ERC20 tokens are? Thanks!
Good question @ervin-lemark ! ERC20 would fall under this new "Token Economy." ERC20 is simply a standard to be adhered to by the "tokens" created on or for the Ethereum Blockchain.
Yes, that's what I was implying :)
ERC20 tokens are tokens^2 :)
They are easy to create, don't require a separate blockchain, ...
My guess is that we will see many more of this kind of tokens in the future.