Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens.
Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang, the authors of EIP-6551, to explain the use cases of the proposal and its implications for the crypto space.
Jayden Windle and Benny Giang explain ERC-6551. Source: Cointelegraph Demonstration of an NFT family tree with NFTs being used as wallets. Source: Cointelegraph
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