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The ERC-20 introduces a standard for Fungible Tokens on Ethereum platform. This standard allows developers to build tokens that are interoperable with other products and services.


What is a Token?

Tokens can represent virtually anything:

* Reputation points in an online platform
* Skills of a character in a game
* Lottery tickets
* Financial assets like a share in a company
* A fiat currency like USD
an ounce of gold
and more...

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