Knowledge Card: Non-Fungible Tokens (NFTs)
The most common NFT standard on Ethereum is ERC-721; each NFT is distinguished by a unique tokenId.
CryptoKitties, launched in late 2017, once caused severe congestion on Ethereum and was one of the early well-known NFT projects.
Before collecting an NFT, verify the collection's contract address. There are many counterfeit collections, so don't just look at the images and names.
Minting and trading NFTs on Ethereum requires $ETH to pay Gas.
The most common NFT standard on Ethereum is ERC-721; each NFT is distinguished by a unique tokenId.
CryptoKitties, launched in late 2017, once caused severe congestion on Ethereum and was one of the early well-known NFT projects.
Before collecting an NFT, verify the collection's contract address. There are many counterfeit collections, so don't just look at the images and names.
Minting and trading NFTs on Ethereum requires $ETH to pay Gas.