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The ERC-721 standard, introduced in 2018, revolutionized the world of digital collectibles. Named after its Ethereum Request for Comment number, ERC-721 laid the foundation for the now booming NFT sector. This protocol enables the creation, ownership, and transfer of unique digital assets, each with its own distinct identity and attributes. Beyond collectibles and art, ERC-721 has paved the way for innovative use cases such as digital real estate, virtual goods, and more. As the blueprint for NFTs, ERC-721 has become a cornerstone of the blockchain ecosystem, showcasing the potential of decentralized ownership in the digital world.
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