NFT is a major innovation in the world of tokens. Unlike other tokens on Ether, NFTs are completely unique and are not interchangeable with other tokens. As a result, they are often used to buy and sell unique art and collectibles, and also have some interesting test cases in more complex financial products. There are two main NFT standards in use on the market today: the original and unique ERC 721 token, and a hybrid version based on the ERC 1155 protocol used in games.

NFT is a major innovation in the world of tokens. Unlike other tokens on Ether, NFTs are completely unique and are not interchangeable with other tokens. As a result, they are often used to buy and sell unique art and collectibles, and also have some interesting test cases in more complex financial products. There are two main NFT standards in use on the market today: the original and unique ERC 721 token, and a hybrid version based on the ERC 1155 protocol used in games.