WATT Tokens are Ethereum-based ERC20 tokens.

ERC20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens that have intrinsic value and can be sent and received on the blockchain. Some of the advantages of using the ERC20 token format:

  • Transferability of ERC20 tokens to other DAppChains
  • Broad adoption of wallets and exchanges
  • Strong community of the Ethereum blockchain makes ERC20 reliable
  • Ethereum has scaling plans that will enable faster transactions
  • Security and dependability - Ethereum is the second most prominent blockchain network
Did this answer your question?