Various Token Types

Various Token Types Supported on IBVM Testnet

The IBVM Testnet is a versatile and EVM-compatible blockchain environment designed to support and test a wide range of token standards. Whether you're building DeFi applications, NFTs, gaming ecosystems, or DAOs, IBVM provides full support for deploying and interacting with all major Ethereum token types.

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✅ Supported Token Standards

🔹 ERC-20 – Fungible Tokens

Standard for cryptocurrencies and utility tokens. All tokens are interchangeable and have the same value. Use Cases: DeFi, stablecoins, governance tokens, utility tokens Available on IBVM Testnet: ✔️

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🔸 ERC-721 – Non-Fungible Tokens (NFTs)

Unique tokens representing digital ownership. Each token has a distinct ID and metadata. Use Cases: Digital collectibles, art, identity, real estate Available on IBVM Testnet: ✔️

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🧩 ERC-1155 – Multi-Token Standard

A hybrid token standard that supports both fungible and non-fungible tokens in one contract. Use Cases: Gaming assets, multi-asset NFTs, batch operations Available on IBVM Testnet: ✔️

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🗳 Governance & Custom Tokens

Tokens built for governance (typically ERC-20-based) and custom behavior like minting, burning, capped supply, or time locks. Use Cases: DAOs, protocol control, automated tokenomics Available on IBVM Testnet: ✔️ (via custom smart contracts or IBVM T-Minter)

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💡 Why Use IBVM Testnet for Token Development?

• ⚙️ EVM-Compatible: Works seamlessly with standard Ethereum tools (Remix, Hardhat, Metamask)

• 🧪 Risk-Free Testing: Deploy and test contracts using cBTC (testnet token)

• 🔧 Full Support for OpenZeppelin Contracts

• 🔄 Realistic Simulations: Gas costs, contract interaction, and UI testing in a testnet-like mainnet

• 🚀 IBVM T-Minter: Instantly deploy various token types with no code