Home Blockchain TRON Foundation TRC-721 NFT and Why They are Becoming Popular?

TRON Foundation TRC-721 NFT and Why They are Becoming Popular?

TRON blockchain

Justin Sun expressed:  Happy to share I’m adding the amazing “Untitled (KIMPSONS)” from the 2001 “Packaging Painting” series by artist KAWS (Brian Donnelly) to my collection, won at the JayChou Sothebuys “Contemporary Curated: Asia” auction with a winning bid of HKD 2.5 million on June 18

As a supporter of the arts and innovation of all kinds, this year I have won works by Beeple, AndyWarhol, Picasso, and more great artists, and have made them into NFTs and look forward to further bridge art and blockchain.

Community Criticism:  Dear Justin, Everyone is waiting for Tron to finally go in the direction of 1 DOLLAR and you are telling us, which works of art you are buying. Do you want to ridicule the Tron investors or is there something else to come? Yes, we will again wait in vain for an answer! This is not art appreciation just financial appreciation.

For those who have heard about NFT over the news but don’t understand what exactly they are and why they are becoming popular? Don’t worry, there is a detailed guide that explains the NFT explained in an easy-to-understand manner @TRON.Pet

All I can see is a one man show. Doing marketing is a team work.  And the plans that you have are a gem BTT, but you are not doing sufficient efforts to make it rise. You can’t do all by yourself.

TRON.Pet Clarifies:  “What is TRC-721? You may notice that NFT is also referred to as TRC-721 or ERC-721 on the web. TRC-721 is a set of standard interfaces, for issuing NFT on the TRON blockchain. Whereas ERC-721 is the open standard that describes how to build NFT on the Ethereum blockchain. TRC-721 is fully compatible with ERC-721. These standards require every NFT to record the owner’s blockchain address and support transfer function which collects the new owner’s address so essential information can be recorded on the blockchain.

NFT Use Cases:  All kinds of digital objects, such as media like images, videos, music, text, and even tweets can be turned into an NFT. In-game objects like virtual land, characters, weapons, skins can also be turned into an NFT. Collectibles like Tronpets, trading cards, stamps, limited digital items for sports fans can also be represented by NFT.”

There’s no doubt that NFT is rising in popularity these days. When Tronpet project was first announced, one of the most frequently asked questions from TRON community members is when people can get their Tronpet NFT. You may be wondering, an artwork, a pass, or collectible cards, all works fine without being converted into an NFT in the past, why do people prefer to have them as an NFT? The simple reason is that NFT is recorded in the blockchain.

There is more to the detail which users will be able to fund from tron.pet.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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