Smart Contracts

Discover how smart contracts work, the most common token standards, and real-world use cases that power decentralized application

ERC-20 vs ERC-721 vs ERC-1155 Token Standards

ERC-20 vs ERC-721 vs ERC-1155: Token Standards Beginner Smart Contracts • ~8 min read • Updated: 08/08/2025 TL;DR: ERC-20 = fungible tokens (like currencies), ERC-721 = unique NFTs, ERC-1155 = multi-token standard supporting both fungible & non-fungible in one contract. On this page Why token standards exist ERC-20 — fungible tokens ERC-721 — non-fungible tokens

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