Types of Ethereum Token Creation
ERC 20
ERC 20 is the standard token created on ethereum blockchain which can be exchanged with another ERC 20 token. Also, ERC 20 tokens can be easily integrated into blockchain wallets and exchange platform.
ERC 223
ERC 223 are the tokens compatible with ERC 20 tokens. It means that the features, functionalities and contracts working with the ERC20 token will work perfectly with ERC223 as well.
ERC 721
ERC 721 is a non-fungible token built on the ethereum platform and every token of its token will be unique. It defines the least interface a smart contract must implement to manage, trade and own unique token.
ERC 721x
ERC 721x is specially for gaming platform. It is a ERC721 compatible token which is specially built for users to exchange crypto collectibles easily across different classes and reduce gas cost.
ERC 827
ERC 827 is one of the latest standard of ethereum network, which is basically an extension of the standard interface ERC20 and the tokens allows execution of calls inside transfer and approvals.
ERC 777
ERC 777 token standard fixes the security issues of ERC 20. It defines a very new way to interact with the token contract while adding functions to contract creators, token holders and recipients.