Creating NFTs On Binance Smart Chain
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.