The Crypto Token Development Company will create and manage tokens on blockchain systems, and token standards will specify how they should be created and maintained. Common ones on Ethereum include ERC-1155 for both sorts of tokens, ERC-721 for non-fungible tokens (NFTs), and ERC-20 for fungible tokens. TRC-20 is utilized on the TRON network, whilst BEP-20 is similar on the Binance Smart Chain. The interoperability and functionality of tokens inside their respective ecosystems are guaranteed by these standards.
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