ERC-20 is the standard interface for fungible tokens on Ethereum and compatible chains. It defines how balances, transfers and spending approvals work so any wallet or app can support a token.
An NFT, or non-fungible token, is a unique on-chain record of ownership for one specific item. It can stand for digital art, a game asset, an event ticket, a membership or a physical good.
A smart contract developer writes, tests and deploys programs that run on a blockchain and execute automatically when conditions are met. Because contracts often hold value and are hard to change, buyers should weigh security track record above speed.
A stablecoin is a cryptocurrency designed to hold a steady value, usually against a national currency such as the US dollar. It stays stable through cash reserves, crypto collateral or supply rules.
Tokenomics is the economic design of a crypto token. It covers how the token is created, distributed, used, rewarded and removed from supply over time.
Token vesting is a schedule that releases tokens to founders, team members or investors gradually over time rather than all at once. A smart contract usually enforces the schedule.
Tokenization is the process of recording ownership of an asset as tokens on a blockchain. The asset can then be divided into smaller units, transferred and settled without a central registrar.
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