2min chapter

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ERC-6551: Is This the Next Big Leap in NFT Innovation? - Ep. 514

Unchained

CHAPTER

The ERC 6551 Proposal for Token Binding Accounts

The ERC 6551 proposal is pretty simple. A token bound account is its own type of wallet. So your NFT gets a unique wallet address and that wallet address can own any assets. And usually the character, it could be controlled by a human like we log in as the NFT or we can link it with an AI model and kind of let it loose and do its own things. That's what NPC for us stands for.

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