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ERC20 tokens increase the value of the Ethereum platform. The more tokens on Ethereum, the more opportunities for interoperation, which increases the utility of
by Jabanga 9y ago
ERC20 tokens increase the value of the Ethereum platform. The more tokens on Ethereum, the more opportunities for interoperation, which increases the utility of all tokens (see Metcalfe's Law).
Moreover, it increases the value of ether by increasing demand for blockchain computations.