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One of the earliest NFT projects, CryptoPunks, [4] has provided several of the most expensive NFTs. [5] There were some NFT-like projects or "proto NFTs" that pre-date CryptoPunks; Rare Pepes, for example, was released on Counterparty in 2014. [citation needed]
A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. [1] The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded.
Everydays: the First 5000 Days is a digital work of art created by Mike Winkelmann, known professionally as Beeple. The work is a collage of 5000 digital images created by Winkelmann for his Everydays series. Its associated non-fungible token (NFT) was sold for $69.3 million at Christie's in 2021, making it the most expensive non-fungible token ...
JSON Web Token. JSON Web Token (JWT, suggested pronunciation / dʒɒt /, same as the word "jot" [1]) is a proposed Internet standard for creating data with optional signature and/or optional encryption whose payload holds JSON that asserts some number of claims. The tokens are signed either using a private secret or a public/private key.
Yuga Labs LLC. Platform (s) Ethereum. Release. April 30, 2021. Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
The ERC-721 Non-fungible Token Standard is a technical framework, defining a set of rules and interfaces for creating and managing unique, non-fungible tokens (NFTs) on the Ethereum blockchain. [1][2][3] ERC-721 is recognized for formalizing the concept of an NFT and establishing the foundation of the multi-billion dollar digital collectibles ...
The type–token distinction is the difference between a class (type) of objects and the individual instances (tokens) of that class. Since each type may be instantiated by multiple tokens, there are generally more tokens than types of an object. For example, the sentence "A rose is a rose is a rose" contains three word types: three word tokens ...
CryptoKitties is a blockchain game developed by Canadian studio Dapper Labs. The game allows players to buy, sell, and create non-fungible tokens (NFTs) using Ethereum. These NFTs represent virtual cats. [1][2] The game's popularity in December 2017 congested the Ethereum network, causing it to reach an all-time high in the number of ...