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Showing posts from May, 2023

ERC 6551 Token to Build White Label NFT Marketplace Flawlessly

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The ERC-6551 token standard, a new version, is transforming how users interact with NFTs on the Ethereum blockchain. Prepare to discover the fascinating world of ERC-6551, where your favorite collectibles become more than just digital assets, as you embark on your journey there What is ERC 6551 Token? On May 7, 2023, ERC-6551 became the most recent addition to the Ethereum ecosystem. This new symbolic standard takes the capacities of ERC-721 NFTs to an unheard of level by permitting your NFTs to claim resources, connect with web3 applications, and even act as your on-chain character. Similar to a typical smart contract wallet, NFTs can now hold both NFTs and other tokens with ERC 6551. They can also interact with other smart contracts, opening up a world of possibilities, and that's not all. With ERC-6551, Benny Giang and his group are taking NFTs to an entirely different aspect, opening their maximum capacity and providing them with their very own voice. So, ERC 6551 is turning ou