ERC998 Tokens
▻https://hackernoon.com/erc998-tokens-5e2544d874fa?source=rss----3a8144eabfe3---4
Ethereum is experimenting with a new #token type called ERC998. The ERC998 standard was originally proposed by Matt Lockyer.ERC20 tokens are the most widely used #ethereum tokens. These tokens are fungible, meaning that each token is uniform and of the same value.ERC721 tokens are non-fungible tokens: each token is unique and can therefore be priced independently. Therefore, unique digital assets, such as a cat on the game CryptoKitties, can be stored on such a token.ERC998 tokens are similar to ERC721 tokens in that they are both non-fungible. ERC998 tokens are also ‘composable’, which means that assets within the token can be composed or organized into complex positions and traded using a single transfer of ownership.An ERC998 Token can hold both, the unique and Non-Fungible ERC721 Tokens (...)