ERC-721
ERC-721 is a standard for creating non-fungible tokens (NFTs) on the Ethereum blockchain. Unlike ERC-20 tokens, each ERC-721 token is unique and cannot be exchanged on a one-to-one basis with another ERC-721 token., making them ideal for representing individual digital assets such as art, collectibles, or in-game items.
The standard defines a set of functions that allow for the management and ownership of these unique tokens, facilitating their integration into various dApps.
For developers, utilizing the ERC-721 standard provides a framework for creating and managing NFTs, ensuring interoperability with marketplaces, wallets, and other platforms within the Ethereum ecosystem.