TRC-721

TRC-721 is the first NFT (Non-Fungible Token) standard protocol on the Tron network, providing a set of standard interfaces for issuing non-fungible tokens. Tokens generated according to the TRC-721 standard can represent various digital assets in the real world. TRC-721 is fully compatible with ERC-721.

Each token compliant with TRC-721 possesses a unique, non-fungible ID. Through the standard interfaces, applications can track and transfer NFTs on the Tron network. The TRC-20 token standard alone is not sufficient for handling NFTs because each token under TRC-721 is unique.

The TRC-721 standard enables each token to have unique value, allowing the movement of real-world items into digital form. Tokens created through the TRC-721 standard can represent any type of digital or real-world asset, enabling ownership and management of data related to specific items or receipts. This could have a positive impact on industries vulnerable to fraud, theft, and forgery.