Chapter 11: NFTs and Digital Assets
Difficulty Level: 🟡 Intermediate
Estimated Learning Time: 4-5 hours
Chapter Objectives:
- Understand NFT fundamentals
- Learn token standards
- Explore NFT applications
- Master digital asset tokenization
11.1 Non-Fungible Tokens (NFTs)
NFTs are unique digital assets with verifiable ownership and scarcity.
11.2 Token Standards
ERC-721
- Standard for unique tokens
- Each token has distinct properties
ERC-1155
- Multi-token standard
- Efficient batch transfers
ERC-6551
- Token-bound accounts
- NFTs can own other assets
11.3 NFT Markets and Infrastructure
- OpenSea - Largest NFT marketplace
- Rarible - Community-owned marketplace
- LooksRare - Trading rewards
11.4 Digital Identity and Soulbound Tokens
Soulbound Tokens (SBTs) - Non-transferable tokens representing credentials.
11.5 Gaming and Metaverse Assets
- Play-to-Earn games
- Virtual land and real estate
- In-game items and characters
11.6 Real World Asset Tokenization (RWAs)
Tokenizing physical assets:
- Real estate
- Art and collectibles
- Commodities
11.7 NFT Financialization
- NFT lending and borrowing
- NFT fractionalization
- NFT derivatives