ERC 721 Standard - The Foundation of Digital Ownership and Unique Assets
Fouad Sabry
Publisher: One Billion Knowledgeable
Summary
The "ERC 721 Standard" is an essential guide to understanding the world of NonFungible Tokens (NFTs), a rapidly growing and transformative segment of blockchain technology. Whether you're a professional, student, or enthusiast, this book provides you with a comprehensive understanding of the key concepts, technologies, and pioneers shaping the NFT landscape. Through wellstructured chapters, you’ll explore crucial topics that connect blockchain and digital ownership, offering both historical context and future implications. This book is designed for professionals, undergraduate and graduate students, and hobbyists alike, giving you a valuable foundation in one of the most innovative fields today ERC721-This chapter introduces the ERC721 standard, explaining how it created a foundation for unique, tradable digital assets Tron (blockchain)-An overview of the Tron blockchain and its role in facilitating the creation of NFTs with a focus on scalability Certificate of authenticity-Discusses the concept of digital certificates, ensuring the authenticity and provenance of NFTs in the market CryptoKitties-Explores the impact of CryptoKitties on the NFT space, showing how it popularized collectible digital assets Ethereum-A deep dive into Ethereum, the blockchain that supports ERC721 and remains the backbone for most NFTs Axie Infinity-Examines how Axie Infinity revolutionized NFTs by blending gaming and digital ownership to create a thriving ecosystem Uniswap-Uniswap's role in providing liquidity for NFT markets, allowing users to easily trade digital assets Blockchain-A general exploration of blockchain technology and its decentralizing effects on digital ownership and transactions CryptoPunks-A look at CryptoPunks, one of the earliest successful NFT projects, and its cultural significance in the digital art world William Entriken-An insight into William Entriken, one of the cocreators of the ERC721 standard, and his contribution to blockchain innovation Cardano (blockchain platform)-This chapter covers Cardano’s blockchain and its potential for NFTs, contrasting it with Ethereum’s ecosystem Kevin Abosch-Focuses on artist Kevin Abosch and his NFT works, highlighting the intersection of art and blockchain technology Curio Cards-Examines Curio Cards, one of the first digital art collections created as NFTs, and its historical significance Nonfungible token-A deeper exploration of what defines a nonfungible token and its importance in the world of digital assets Polygon (blockchain)-Discusses how Polygon enhances Ethereum’s scalability and reduces transaction costs for NFTs Sorare-Explains how Sorare uses NFTs to transform the fantasy sports industry, providing new opportunities for digital collectors OpenSea-A guide to OpenSea, the largest NFT marketplace, and its role in shaping the NFT ecosystem Solana (blockchain platform)-Looks at Solana as an emerging blockchain for NFTs, offering faster transaction times and lower fees Decentralized autonomous organization-Explores DAOs and how they are being integrated into NFT projects, enabling decentralized governance Decentralized application-This chapter highlights DApps and their role in the growing decentralized NFT ecosystem Blockchain game-A final chapter focusing on blockchainbased games that use NFTs, illustrating the evolution of gaming and digital ownership
