Developing the tokens on the Tron blockchain is a trendable and economical thing nowadays. By considering the lightning transaction speed and scalability factors, creating tokens on this tron blockchain is a perfect idea. Below are the three major standards of tokens in this blockchain network.
TRC10 Token
This standard of tokens is used in decentralized applications to do payment activities. And it is a fungible token.
TRC20 Token
According to this standard, it is represented as an upgraded version of the TRC10 token. moreover, its transaction costs are much lower than TRC10.
TRC721 Token
It is used by non-fungible token creators to determine their unique assets on the NFT marketplaces. Like sports and game avatars.
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