Jonny Fry Posted
Token Swaps can mean different things
2 min video on why token swaps can mean different things
A number of Initial Coin Offerings (ICOs) have been launched using Ethereum’s ERC20 token and then carried out a token swap into a token once their own Blockchain was ready which is sometimes called a ‘mainnet’ swap. Also a token swap may be offered when a token upgrades and offers more functionality.
ERC20 tokens are sometimes used initially as they enable a token to be created and issued quickly, can be listed by various exchanges as no bespoke tech is needed and ERC20 is lower risk...
2 min video on why token swaps can mean different things
A number of Initial Coin Offerings (ICOs) have been launched using Ethereum’s ERC20 token and then carried out a token swap into a token once their own Blockchain was ready which is sometimes called a ‘mainnet’ swap. Also a token swap may be offered when a token upgrades and offers more functionality.
ERC20 tokens are sometimes used initially as they enable a token to be created and issued quickly, can be listed by various exchanges as no bespoke tech is needed and ERC20 is lower risk...