NFT ERC-721 Tokens

NFT ERC-721 Tokens

Non-fungible

NFT is an acronym for non-fungible token. A non-fungible tokens is a smart contract API written in a programming standard such as ERC-721. Smart contracts are programs hosted on the Ethereum blockchain’s and run on the Ethereum Virtual Machine (EVM).

Smart contracts

Smart contracts can be used to represent real world items such as unique digital assets. These can include such assets as collectible coins, art works or even in-game items.

Transactions

Although NFT ERC-721 contract tokens can be treated like currency, the underlying transactions operate very differently. We will explore in another post, how transactions work.

Abinyah Walker

With over twenty years of experience in technology: computer programming, networking, DevOps & SecOps, IT project management, photography & design. Check out his work at abinyah.com, his photography at 85mm.ca or DeFi projects at The Exchange .

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NFT ERC-721 Tokens

NFT ERC-721 Tokens

Non-fungible

Smart contracts

Transactions

Related

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Related