ERC-721, a non-fungible token commonplace designed to symbolize property on the blockchain. These sensible contracts can’t be spent as a medium of change, a attribute often called non-fungibility.
All these tokens aren’t currencies; as a substitute they symbolize distinctive property which might be represented on the Ethereum blockchain as sensible contracts.
There are such a lot of totally different potential use instances that ERC-721 opens up. The monitoring of possession or a deed simply grew to become that a lot simpler to perform on the Ethereum blockchain. Any title doc, distinctive contract, or different asset is now in a position to be symbolize on the blockchain.
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