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Smart 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
by acjohnson55 5y ago
Smart 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.