So I brought this subject up because there are tokens on the Etheurum block chain with a class name of ERC20 generically, and there are hundreds of ERC20 tokens. One of those tokens is Traxia also known as TMT which is an ERC20 token. Other tokens like Sirin (SRN) is ERC20, and Sp8de (SPX) is also ERC20. The name ERC means “Ethereum Request for Comment” and ERC20 was the 20th proposal. So calling a Cardano token and ERC20 does not sound appropriate.
We know TMT is definitely migrating to Cardano, SRN could possibly as well, and SPX will migrate to Cardano as an independent effort on their own. Along with many others over the next few years. What do you suppose the name of this new class of tokens will be?
Here are some examples of token class names discussed on telegram:
Cardano Ecosystem = CES
Cardano Improvement Proposal = CIP1
Cardano Recommended Change = CRC (3 letters already taken on CMC)
Other names could be in the order of a famous scientist, mathematician or Ancient Greek mythology or history following the Cardano naming methods. Maybe a name has already been decided? What are your thoughts? What would you like call a Cardano token?