What Are NFT Token Standards? A Simple Guide to ERC-721, ERC-1155, and More

NFT token standards define how unique digital assets work on blockchains. ERC-721 started it all, but ERC-1155 improved efficiency. Different blockchains like Solana and Flow have their own standards. Understanding these helps avoid high fees and compatibility issues. This guide breaks down key standards and their real-world impacts.

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