2min chapter

Unchained cover image

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

Unchained

CHAPTER

The Importance of Hierarchical Ownership of NFTs

Every NFT gets a unique wallet address. And so your metamask wallet now also owns or temporarily controls all of the token bound accounts for each of those NFTs. So it's like having wallets inside of your wallet and you can control those wallets as long as you own the NFT. When every NFT has a wallet that comes with it, that means you can buy and sell and trade wallets along with their contents on existing NFT infrastructure. You could buy a whole portfolio of NFTs using a single NFT transfer on OpenSea.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode