In every market sector, we have three types of projects: innovative, improvers, and copycats. E.g., there is an innovative X (Twitter), wannabe improver BlueSky, and copycat Threads. In the blockchain ecosystem, we have those too. Some chains claim to become Bitcoin or Ethereum-killers, new top blockchains, or blockchain-saviors. But do these best blockchain wannabes succeed […]
Web3 Development
Web3 Development
ERC-6551 Token Standard: What Is It and Top Use Cases
ERC-6551 token standard is an NFT that owns a separate account and thus can own and transfer other tokens on behalf of its owner. This standard expands NFT applications from PFP which you can dress up with other tokens to a decentralized tradable portfolio that holds some fungible tokens. In other words, ERC-6551 NFT allows user […]