Historical retrospective · Ethereum
ERC-721 established a common interface for non-fungible tokens
EIP-721 specifies ownership and transfer methods for distinct, individually tracked tokens, creating a shared interface for NFTs.
The standard helped wallets and marketplaces support unique on-chain items without bespoke integration for every project.
ERC-721 became central to the collectible and digital-art wave that expanded Ethereum’s public profile.
Uniqueness on-chain does not automatically confer copyright, scarcity of the underlying media or investment value.
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