Erc20 tokens are most needed for business ventures because it is most widely used token standard for ICO’s. This ERC20 token standard has provided leeway for the business through which the desired results can be attained. Thus it proved to be very useful for the business ventures.
Advantages of ERC20 tokens:
The use of ERC20 makes tonkenization risk free and also brings,
1. Uniformity to the network,
2. Enhance token liquidity,
3. Reduces the complexity of token interaction.
With erc20 token, an ICO can trade on exchange without the need of any communication between ICO and the developers.
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