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Definition
The Ethereum token standard for non-fungible tokens (NFTs). Unlike ERC-20 tokens where each one is identical, every ERC-721 token has a unique ID. It's the standard behind CryptoPunks, Bored Apes, and most Ethereum NFT collections. ERC-721 introduced the concept of provable digital uniqueness.
Related Terms
A unique digital asset on a blockchain representing ownership of art, collectibles, or other items.
The technical standard for tokens on Ethereum.
Self-executing code stored on a blockchain that runs when conditions are met.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
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