3min chapter

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

Unchained

CHAPTER

The Different Types of NFTs

There have been a couple of attempts in the past to standardize NFTs owning assets. ERC 6551 isn't the first attempt to do this, there have been others. And I believe that there are some other types of NFTs that can also own assets or like I saw somebody tweeted at me about Luxo that does something similar. We allow NFTs to really own any asset launching. NFTs get the same rights as user on Ethereum as you do with your wallet. They can own any asset and take any action.

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