What exactly is an NFT? Don't panic—the class rep is here to explain:
ERC-1155 can manage fungible and non-fungible tokens together in a single contract, and is commonly used for things like in-game items on blockchain games.
An NFT records which address the token belongs to. It doesn't mean you own the copyright to the image; what you can do with it depends on the project's licensing terms.
Don't laugh—I only remembered that after learning the hard way.
$ETH 2428.73 (-0.33%)
I'm just rambling, so don't take this as investment advice.
ERC-1155 can manage fungible and non-fungible tokens together in a single contract, and is commonly used for things like in-game items on blockchain games.
An NFT records which address the token belongs to. It doesn't mean you own the copyright to the image; what you can do with it depends on the project's licensing terms.
Don't laugh—I only remembered that after learning the hard way.
$ETH 2428.73 (-0.33%)
I'm just rambling, so don't take this as investment advice.