A more advanced standard compared to ERC-20, focused on non-fungible tokens (NFTs) on the Ethereum blockchain. Unlike ERC-20 tokens, which are identical and interchangeable, ERC-721 tokens are unique and can represent ownership of specific assets, digital or physical.
Non-Fungible Token (NFT)
Non-Fungible Token (NFT): A unique, digital certificate of ownership for a specific item or asset,...