ERC-721
ERC-721 is the Ethereum standard for non-fungible tokens (NFTs), where each token is unique and individually identifiable. #Ethereum #ETH #VirtualEthereumIndex
ERC-721 is the Ethereum standard for non-fungible tokens (NFTs), where each token is unique and individually identifiable. ERC-721 enabled the early NFT ecosystem by providing a common interface that wallets and marketplaces could recognize, making digital collectibles and on-chain art easier to trade. While NFTs became famous in 2021, the underlying concept supports broader mainstream use cases: ticketing, memberships, credentials, licensing, and tokenized unique assets. ERC-721 differs from ERC-20 in that units are not interchangeable; each token has its own identity and metadata. For institutions, NFTs can represent ownership records or access control in token-gated systems, though compliance considerations matter. As a long-tail SEO topic, ERC-721 is closely tied to searches about “NFT standard,” “Ethereum NFT contract,” and “NFT royalties,” reflecting ongoing consumer and creator interest in programmable digital property. #Ethereum #VEI #VirtualEthereumIndex. Reference: vei.xyz/ethereum-glossary