Non-Fungible Tokens Explained (ERC 721, ERC 1155)

Non-Fungible Tokens, or NFTs are digital collectibles and items that are traded on the blockchain. There are two types of token ERC 1155 (https://boxmining.com/erc-1155) and ERC 721 that make this all happen, and the practical use cases of this!

2:08 ERC 721 Explained
2:40 ERC 1155 Explained (https://blog.enjincoin.io/erc-1155-the-crypto-item-standard-ac9cf1c5a226)
4:14 WAX exchange for NFTs
4:30 VGO items - already generating millions of TPS (https://medium.com/wax-io/how-ethereum-nearly-killed-vgo-the-worlds-most-popular-dapp-1e999e3044cb)
6:49 Why I don't like Expensive Initial Item Offerings (IIOs)

#NFT #Ethereum #ERC1155

👍🏻Subscribe to Boxmining for Daily CryptoNews and Altcoin explainers: https://www.youtube.com/c/boxmining

👑Recommended Exchange - Binance: https://goo.gl/joe55C
🔒Hardware Wallet: https://www.ledgerwallet.com/r/428b
📲Mobile Wallet: https://enjinwallet.io/
Brave Browser: https://brave.com/box831

●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Telegram groups:
Telegram Discussion Group: https://t.me/boxminingChannel
Telegram Announcements: https://t.me/boxminingChannel
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
♨️Social:
Steemit: https://steemit.com/@boxmining
Twitter: https://twitter.com/boxmining
Facebook: https://www.facebook.com/boxmining
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

Видео Non-Fungible Tokens Explained (ERC 721, ERC 1155) канала Boxmining