ERC-721 Token Standard

What is the ERC-721 Token Standard?

ERC-721 Token Standard Definition: ERC-721 token standard refers to non-fungible tokens or NFTs on Ethereum. These crypto assets are not replaceable or interchangeable, which makes them unique, unlike other cryptocurrencies such as Bitcoin.

The ERC-721 token standard was established to improve standards on the Ethereum blockchain. The earliest NFTs, such as CryptoKitties, follow this token standard, using an earlier version of ERC-721 before it was finalized later.

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