What are the token standards of Tron block chain Network?


New Member
Jun 10, 2022
Tron tokens are prominent tokens that are completely developed on the Tron blockchain network. The important thing is that you cannot mine Tron tokens but one can buy Tron-based tokens on any crypto trading platform. It mainly focuses on enlarging the market of decentralized applications by making it easier to develop and deploy them.

In the current market, there are two main standards in Tron, they are TRC20, and TRC721 tokens. By creating Tron-based crypto tokens, one can raise funds, trade, and more.

TRC20 Token

TRC20 token is becoming one of the primary focuses of crypto enthusiasts because of its popularity. It also provides all-in-one function specifications and the power of a smart contract-based token ecosystem. This token standard has been created based on the popular Ethereum standard ERC20 which defines the behaviour of a token. This Tron token standard helps the users to facilitate secure transactions in a hassle-free manner and also has the capacity to implement extra logic and high bandwidth capacity

TRC721 Token

TRC 721 is a type of standard interface for issuing Non-Fungible Tokens on the Tron blockchain network. It was the first non-fungible token standard on Tron's network. TRC721 plays an equal role to TRC20 Tokens.

Among the two tokens, the TRC20 token is the more functional token and has lots of benefits. Thus, many people and cryptopreneurs are preferring to create TRC20 tokens.