Token Development

ERC721 tokens, also known as non-fungible tokens (NFTs), offer several business benefits for various industries. Here are some of the major business benefits to create ERC721 tokens of your own:   Unique ownership and provenance: ERC721 tokens provide a verifiable and unique representation of a digital or physical asset. This characteristic is particularly valuable in industries such as art, collectibles, and luxury goods. By using ERC721 tokens, businesses can prove ownership and authenticity, mitigating the risk of fraudulent items.   Increased liquidity and fractional ownership: NFTs can be divided into smaller fractions, allowing for fractional ownership. This fractionalization enables businesses to increase liquidity by selling smaller portions of high-value assets.   Monetization of digital assets: NFTs have revolutionized the way digital assets are monetized. Content creators, such as artists, musicians, and writers, can tokenize their work as NFTs and sell the...

What is ERC721 Token? This is a type of unique token, Mainly used for Gaming purposes. Because these tokens are the advanced version which is used by many gaming platforms. This token can be developed on the Ethereum blockchain network and it allows unique tokens to be managed, owned and traded. In ERC721 token each token can hold a different value.   How does ERC721 Token work on Gaming Industries?   Gaming Industries are increasing high intersection with cryptocurrencies. It has seen many advances in the concept of these Non-Fungible Tokens. Among them, Cryptokitties is the most popular game made by this ERC721 tokens and it’s going viral. This Game become the first to implement the standard on huge scale, The main purpose of this game is to buy a cryptokitties. The ERC721 has quickly gained popularity and expanding the scope of serious implementation.ERC721 is not similar to another token due to its non-fungible functionality. The idea of developing non-fungible collectible...