{"id":64099,"date":"2022-10-07T10:46:24","date_gmt":"2022-10-07T05:16:24","guid":{"rendered":"https:\/\/mudrex.com\/blog\/?page_id=64099"},"modified":"2022-10-28T16:28:56","modified_gmt":"2022-10-28T10:58:56","slug":"erc-721","status":"publish","type":"page","link":"https:\/\/mudrex.com\/blog\/glossary\/erc-721\/","title":{"rendered":"ERC-721"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"64099\" class=\"elementor elementor-64099\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b8cb28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b8cb28\" data-element_type=\"section\" id=\"navigation-sample-sec\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-93eb9ed\" data-id=\"93eb9ed\" 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menu-item-object-category menu-item-70587\"><a href=\"https:\/\/mudrex.com\/blog\/category\/product-updates\/\" class=\"elementor-item\" tabindex=\"-1\">Product-updates<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-622a9df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"622a9df\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e72dd12\" data-id=\"e72dd12\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68e8c7b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68e8c7b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3513f93\" data-id=\"3513f93\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eac81f6 elementor-widget elementor-widget-heading\" data-id=\"eac81f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">ERC-721<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bafcd8 elementor-widget elementor-widget-text-editor\" data-id=\"1bafcd8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Similar to ERC-20, ERC-721 (Ethereum Request for Comments 721) is another Ethereum standard used for representing the ownership of Non-Fungible Tokens (NFTs) with other unique tokens that are verifiable on the Ethereum blockchain system. \\n\\nWhile the ERC-20 standard is used for fungible tokens, ERC-721 smart contracts are used to map the unique token ID of an owner rather than just checking balances. When a wallet contains multiple NFTs, ERC- 721 ensures that they are individually unique and their token IDs point to different owners. \\n\\nThe developers must follow these standards during the creation of NFTs so that they can be compatible with various applications such as exchanges, wallets, and decentralized applications.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:15213,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;9&quot;:0,&quot;11&quot;:4,&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Similar to ERC-20, ERC-721 (Ethereum Request for Comments 721) is another Ethereum standard used for representing the ownership of Non-Fungible Tokens (NFTs) with other unique tokens that are verifiable on the Ethereum blockchain system. <\/span><\/p>\n<p>While the ERC-20 standard is used for fungible tokens, ERC-721 smart contracts are used to map the unique token ID of an owner rather than just checking balances. When a wallet contains multiple <a href=\"https:\/\/mudrex.com\/blog\/what-is-nft\/\">NFTs<\/a>, ERC- 721 ensures that they are individually unique and their token IDs point to different owners. <\/p>\n<p>The developers must follow these standards during the creation of NFTs so that they can be compatible with various applications such as exchanges, wallets, and decentralized applications.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>ERC-721 Similar to ERC-20, ERC-721 (Ethereum Request for Comments 721) is another Ethereum standard used for representing the ownership of Non-Fungible Tokens (NFTs) with other unique tokens that are verifiable on the Ethereum blockchain system. While the ERC-20 standard is used for fungible tokens, ERC-721 smart contracts are used to map the unique token ID [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":61790,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_eb_attr":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/64099"}],"collection":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/comments?post=64099"}],"version-history":[{"count":8,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/64099\/revisions"}],"predecessor-version":[{"id":65163,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/64099\/revisions\/65163"}],"up":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/61790"}],"wp:attachment":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/media?parent=64099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}