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.

With well over twenty years in the technology space. Working in finance and for large technology companies in silicon valley. He possesses deep graphic design and photography skills, and is an experience project manager and Lean Six Sigma practitioner.

Abinyah Walker

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