What is an ERC721? Learn about the basic characteristics of Ethereum collectible tokens

Coinciding with the notorious boom in the cryptocurrency market in 2017, collectible tokens became popular on the Ethereum network, which differs from the tokens that have driven successful ICOs, those attached to the ERC20 standard. In order to be able to issue unique and consequently collectible tokens, it was necessary to develop a new standard: ERC721.​
The prefix of the different Ethereum standards, ERC, comes from open proposals to collect comments from the…

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