FERC20, the full name of Fair ERC20, is an ERC20 token issuance protocol based on the Ethereum network that draws on the spirit of Bitcoin BRC20 "Fair Launch" and allows users to issue Ordinals BRC20 tokens on Ethereum or other EVM chains.
Compared with regular ERC20 token issuance, the biggest feature of FERC20 is the fairness of the minting stage. Every user enjoys equal minting rights, and all participants are on the same starting line, whether you are an ordinary user or an issuance team.
To put it simply, FERC20 is to learn from each other’s strengths and weaknesses between the two protocols BRC20 and ERC20. Therefore, before introducing FERC20 in detail, you can first understand the advantages and disadvantages of BRC20 and ERC20.