ERC-20 Token Overview

When working with ERC-20 token, a standard that defines how fungible tokens operate on Ethereum. Also known as ERC20, it enables consistent interactions across wallets, dApps and exchanges. ERC-20 token is the backbone of most modern crypto projects because it sets clear rules for name, symbol, decimals, total supply and transfer functions.

Key Concepts Connected to ERC-20

The ecosystem around ERC-20 relies on several core ideas. First, Airdrop, a free token distribution method that rewards eligible addresses uses the ERC-20 standard to send tokens instantly to many users, sparking network effects. Second, Utility token, a token designed to grant access to a product or service within a platform often chooses ERC-20 because its gas‑efficient transfer logic makes everyday usage cheap and reliable. Third, Smart contract, self‑executing code on the blockchain that enforces token rules defines the ERC-20 interface, ensuring every token behaves the same way. Finally, Decentralized exchange, a peer‑to‑peer platform where tokens trade without a central custodian depends on ERC-20 compatibility to list, swap and provide liquidity for countless assets.

These relationships form clear semantic triples: ERC-20 token encompasses smart contracts; ERC-20 token requires gas fees for each transfer; Airdrops influence ERC-20 token distribution; Utility tokens leverage the ERC-20 standard; Decentralized exchanges rely on ERC-20 compatibility. Understanding each link helps you evaluate a new project’s technical health, estimate transaction costs, and spot real use cases versus hype.

Below you’ll find a curated set of articles that dive deep into these topics. From step‑by‑step airdrop claims and tax considerations in Thailand, to analyses of money‑laundering penalties, to hands‑on guides for tokens like Bone, PUCCA and Agent Hustle, the collection equips both newbies and seasoned traders with actionable insights. Keep reading to see how ERC-20 tokens shape real‑world applications, where risks hide, and what tools you need to stay ahead of the curve.