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Isn't this the entire purpose of smart contracts in Ethereum, the underlying system for most NFTs? What do NFTs add?
by Kye 5y ago
Isn't this the entire purpose of smart contracts in Ethereum, the underlying system for most NFTs? What do NFTs add?
- acjohnson55 5y agoSmart contracts are a very generic concept. NFTs are a smart contract design pattern. They typically employ standardized smart contracts (e.g. ERC-721, ERC-1155) so that services can be built to interface with any standard NFT contract. But it's also possible to make custom smart contracts to manage non-fungible digital assets.