Non-Fungible Tokens (ERC721 protocol)


#1

I’m writing a whitepaper for the non-fungible asset auction application. Assuming the token generated in Waves platform is ERC20, can Waves platform generate ERC721 token as well or alternative to do the same as ERC721?

Thanks.


#2

We consider adding something like this in future. By default it’s not possible, unless you are redy to pay 1 waves for a single token.


#3

Thank you Alex. What my understanding is that it is able to create the non-fungible token ERC721. If I generate 1 million non-fungible ERC721 for my custom token, is it I only pay 1 waves?

How can I calculate the trx fee when one smart contract executed on non-fungible token?

I’m trying to understand if waves platform could generate ERC721 token to serving an auction application for arts that I’m designing. Each art item is unique and non-fungible in nature.