Back

ERC-721

ERC-721 is a technical standard for creating non-fungible tokens (NFTs) on the Ethereum blockchain. Non-fungible tokens are unique digital assets that represent ownership of a specific item or piece of content. They are different from most other cryptocurrencies, which are typically interchangeable and interchangeable (fungible).

Some examples of non-fungible tokens include collectible items, such as CryptoKitties, and digital art. ERC-721 tokens are used to represent and track ownership of these unique digital assets, and they can be bought, sold, and traded on marketplaces like OpenSea and Rarible.

ERC-721 defines a set of functions and events that must be implemented by all ERC-721 tokens. These functions and events include things like transferring tokens, checking the ownership of a token, and approving the transfer of tokens by another party.

The ERC-721 standard has played a significant role in the growth of the NFT market, and it has been used to create a wide variety of unique and valuable digital assets.

Try Today For Free

Transform your trading experience with HyperTrader. Say goodbye to slow terminals, multiple windows, excessive clicks, and delayed data. Sign up and start using our platform in under 10 minutes to unlock your full potential.

HyperTrader app is distributed by HyperTrader Global Ltd, a Seychelles IBC and wholly-owned subsidiary of HyperTrader Inc., a Delaware C-corporation.

HyperTrader is not a broker or exchange. We do not provide any brokerage or advisory services. HyperTrader provides tools for trading, and any loss due to the use of the tools is the users’ responsibility. This is not an offer, solicitation of an offer or advice to buy or sell securities or cryptocurrencies or open a brokerage account or cryptocurrency account. Investment in cryptocurrencies is subject to market risks. All the non-HyperTrader brand names and logos mentioned on this website are the property of their respective owners. HyperTrader is a registered trademark of HyperTrader Inc.

Conditional orders have increased risk due to their reliance on trigger processing, market data, and other internal and external systems like an exchange. Such orders are not sent to the market until specified conditions are met. During that time, system outages with downstream technologies or exchanges may occur. Furthermore, exchanges may impose controls on conditional orders to limit erroneous trades triggering downstream orders. HyperTrader or its subsidiaries may not always be aware of such changes to external controls immediately, leading to some conditional orders not being executed. As such, you need to monitor your conditional orders for reasonability. Conditional orders are “Not Held” orders whose execution instructions are on a best-efforts basis upon being triggered.

Furthermore, conditional orders may be subject to the increased risks of stop orders and market orders outlined above. Given the increased potential risk of using conditional orders, you agree that HyperTrader and its subsidiaries cannot be held responsible for losses, damages, or missed opportunity costs associated with market data problems, systems issues, and user errors, among other factors. By using conditional orders, you understand and accept the risks outlined above.

You should know that using or granting any third-party access to your account information or placing transactions in your account at your direction is solely at your risk. HyperTrader does not warrant against loss of use or any direct, indirect, or consequential damages or losses to you caused by your assent expressed or implied, to a third party accessing your account or information, including access provided through any other third-party apps, systems, or sites.

All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against the loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

Cryptocurrency is highly speculative in nature, and involves a high degree of risks, such as volatile market price swings, market manipulation, flash crashes, and cybersecurity risks. Cryptocurrency is not regulated or is lightly regulated in most countries. Cryptocurrency trading can lead to significant, immediate, and permanent loss of financial value. You should have appropriate knowledge and experience before engaging in cryptocurrency trading.

We improve our products and advertising by using analytics tools to see how you use our website. By using our site, you agree that we and our analytics partners can collect and use this data. Our privacy policy has more details.