Intro to Web3
NFTs are tokens that are used to represent ownership of unique items. They let us tokenize things like art, collectibles, and even real estate. They can only have one official owner at a time and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.
NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable for other items because they have unique properties.
Fungible items, on the other hand, can be exchanged because their value defines them rather than their unique properties. For example, ETH or dollars are fungible because 1 ETH / $1 USD is exchangeable for another 1 ETH / $1 USD.
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Currently, there are two major standards for NFTs, ERC-721 and ERC-1155. It’s important to learn about them and understand the differences, as Curio will ultimately support both.
Dated Feb 2021
These destinations provide a place to trade NFTs. They allow users to list their NFTs for sale, and facilitate the transactions with prospective buyers.