Amigocoin tokens are issued on the Ethereum blockchain, expands its application range by using Ethereum blockchain technology. If Bitcoin is a general calculator using blockchain technology, then Ethereum is a specialized one. To be brief: Ethereum= blockchain + smart contract.
The ERC20 specification is simply a set of agreed smart contract functions and event names, and a token is a digital asset defined by this specification with following features: Decentralized , Confirmed total assets , Assets transferable , Based on Ethereum technology
A smart contract program is not just a computer program that can be automatically executed - it is a system participant itself. It responds to the information received, can receive and store value, and can also send out information and amount.