What are the key features of a NFT smart contract?

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Camilla Burns

Unique Token Identifier: Each NFT is assigned a unique identifier (token ID) that makes it easily identifiable and can be used to track the ownership and ownership history of the asset.

Immutability: NFTs are immutable and cannot be altered or duplicated. This ensures that the asset remains authentic and its ownership is verifiable.

Transferability: NFTs are easily transferable and can be traded on blockchain platforms.

Decentralization: NFTs are powered by smart contracts, which are stored on a blockchain. This allows for the ownership of the asset to be transparent and secure.

Fungibility: NFTs are divisible, meaning that the ownership of the asset can be split into smaller fractions, allowing for the asset to be traded in smaller amounts.

Read: https://www.turnkeytown.com/sm...contract-development

Tags: #smartcontractdevelopment, contract, Decentralization, #smartcontract, NFT

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