ERC-721 is a token standard on the Ethereum blockchain used to create non-fungible tokens (NFTs). Each ERC-721 token is unique and cannot be exchanged on a one-to-one basis with another token, unlike fungible tokens such as ERC-20. This standard is widely used for digital collectibles, artwork, virtual real estate, and other assets where individual uniqueness and provable ownership matter.
ERC-721
ERC-721 Explainer Video
What is ERC-721? | Crypto Terms Explained