Intermediate
Blockchain & Web3
Q44 / 100
How does the ERC-721 standard differ from ERC-20?
Correct! Well done.
Incorrect.
The correct answer is A) ERC-721 defines non-fungible tokens where each token has a unique ID and can have distinct properties, unlike interchangeable ERC-20 tokens
A
Correct Answer
ERC-721 defines non-fungible tokens where each token has a unique ID and can have distinct properties, unlike interchangeable ERC-20 tokens
Explanation
ERC-721 introduces unique token IDs within a contract, making each token distinguishable — the foundation for NFTs representing art, collectibles, or other unique items.
Progress
44/100