Non-fungible tokens (NFTs) are unique digital items whose ownership and any transfer are all recorded and managed publicly using blockchain technology. For creating a non-fungibility token standard, ERC721 was introduced by Deiter Shirley through an alternative Ethereum Improvement Proposal (EIP). The emergence of NFTs started with the launch of coloured coins on the Bitcoin network.
To know more about NFTs, access our TradeDog Insight report in which you will find detailed information and analytical aspects including
- Report Overview
- History
- Use-cases
- Top NFT projects
- Most Expensive NFTs sold
- Fundraising Statistics
- Analyst’s Remark