0

If there is a contract that emits Trasfer events with a unique id in each mint request (showing the core property of an NFT contract), but not provide all the other interfaces required by ERC-721, is the unique ID emitted still considered an NFT? If not, am I right to belive

a unique id generated by an ERC-721 complaint contract

be the technical definition of an NFT.

0

1 Answer 1

0

Not necessarily, there is EIP-1155.

In theory a contract could generate events that matches EIP-721 (or EIP-1155) and do something entirely different. The thing is for an "NFT" to be considered and "NFT" by the public it has to be accepted by known markets, and wallets. For example CryptoPunks (0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb) doesn't follow a standard and it is considered an NFT.

2
  • Does this mean there is no clear agreement to the definition of how a non-fungible object should be represented in the ethereum chain?
    – EHM
    Mar 18, 2022 at 3:44
  • @EHM I won't say so. CryptoPunks and CryptoKitties are treated differently because of their status as the first NFTs. Nowadays if you want to write an NFT the EIP-721 and EIP-1155 are the accepted solutions by markets and wallets. You could write a non-standard NFT, but you'll have a hard time convincing others to use it, it is not impossible but it will be difficult.
    – Ismael
    Mar 18, 2022 at 14:54

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.