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Non-fungible assets are just normal stuff.
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This post serves to provide an in-depth overview of non-fungible tokens: the technical anatomy of an ERC721, the history of the NFT, common misconceptions about NFTs, and the current state of the NFT market. We’re honored to be a part of this community. In fact, we’ll bet you a Gods Unchained Card that if you ask us about an NFT project, we’ve heard of it and likely talked to the developers at some point! The NFT ecosystem is a tight-knit group of incredible innovators: everyone from enthusiasts to developers to gamers to entrepreneurs to artists.
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In any case, this post is for you!Īs a marketplace for NFTs, OpenSea has a unique vantage point: we’ve seen nearly every NFT-related project that has come online since late 2017 when the first NFT standard emerged.
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Maybe you’re a skeptic, a believer, or perhaps you still don’t really know what exactly a non-fungible token is. If you’ve been living in the crypto world for a while, you’ve likely heard of the term “Non-Fungible Token”, or “NFT”. Examples include collectibles, game items, digital art, event tickets, domain names, and even ownership records for physical assets. Non-fungible tokens (NFTs) are unique, digital items with blockchain-managed ownership.
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