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NFT Types: Popular NFT Standards on Ethereum and Bitcoin

**1.ERC-721**

ERC-721 is an Ethereum token popularly used to perceive one-of-a-type assets . Each ERC-721 token is specific and can have special values ​​and residences than every other token of the identical clever contract.

The ERC-721 token standard is usually used for 1-of-1 digital collectibles , artwork , photos, and memberships. This token is the most popular within the NFT industry. ERC-721 changed into Ethereum's first NFT token trendy, pioneered via Dapper Labs' play-to-earn “CryptoKitties” NFT series.

What role does Blockchain technology play in asset tokenization platforms

**Introduction:**

In the digital era, asset tokenization has emerged as a modern manner to represent and transfer the charge of bodily and virtual belongings in the shape of digital tokens. This manner has been substantially more through the blockchain era, which acts because of the underlying basis of asset tokenization. In this newsletter, we will discover extensively the important function that blockchain generation performs in asset tokenization structures and the manner it's miles reworking the financial panorama.

**The Technological Base:**

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