Since its inception, the Ethereum network has become the go-to choice for ICOs. In fact, most of the major ICOs in 2017 were launched on the Ethereum network.

The main reason for this is that Ethereum’s smart contract functionality allows for the creation of complex tokens. These tokens can then be used to represent anything from a physical asset to a digital one.

The most popular type of token created on the Ethereum network is an ERC20 token. ERC20 tokens are compliant with a set of rules that make them easy to use and transfer.

This has made them the standard for ICOs and many other projects built on Ethereum.

One of the biggest companies in the cryptocurrency space, Coinbase, recently announced that it would be adding support for ERC20 tokens. This is big news as it will make it much easier for people to invest in ICOs and use Ethereum-based tokens.

Coinbase is one of the most popular cryptocurrency exchanges and wallet providers in the world. It is headquartered in San Francisco and has over 20 million customers. The company has been slowly adding support for more cryptocurrencies over the past few years.

In 2017, it added support for Bitcoin Cash, Ethereum Classic, and Litecoin. Earlier this year, it added support for ERC20 tokens.

The addition of ERC20 token support on Coinbase will make it much easier for people to invest in ICOs. This is because they will be able to store their tokens on Coinbase’s platform and then easily sell or trade them when they want to cash out.

Coinbase’s decision to add support for ERC20 tokens is a big endorsement of the Ethereum network and its potential.