Creating NFTs On
Binance Smart Chain
A Rundown
NFT - the new-age asset envisioned for its
sustainability in the investment industry. After revolutionizing
the art industry, NFTs are on the mission to sprawl their flaps to
other notable industries like sports, entertainment, real estate,
financial services, and name many such.
Creating the hype-deserving Non-Fungible Tokens can be
accomplished using any blockchain technology. Here, let’s take a
gander at how NFTs can be created on the Binance Smart Chain (BSC)
network.
The BSC network has two sorts of token standards, namely BEP721
and BEP1155. While both these token standards share similarities
in the case of uniqueness and scarcity, there is a notable
difference between the two. Using the BEP721 standard, one can
create only one token. Whereas with BEP1155, creating a series of
NFTs is exactly possible.
Connect with our team of NFT experts now to start developing an
NFT marketplace on the Binance Smart Chain.