BEP-721 is a (BSC) token standard that enables the generation of (NFTs). It is considered to be an extension of , one of the most commonly used NFT standards, and is compatible with the Ethereum Virtual Machine (EVM). [1][2]


BEP-721 tokens enable the tokenization of data ownership, linking it to a unique identifier, and setting it apart from tokens. While allows developers to create multiple identical tokens within a single , BEP-721 assigns a distinct token ID to each token, making them individually unique. [2]

Through these unique IDs, BEP-721 tokens can be used to represent collectible, non-fungible items. Users can trade and transfer these tokens based on their market value, which depends on the token’s rarity or utility. [2]

BEP-721 tokens can represent digital and physical art, collectibles, in-game items, physical property, real estate, and lottery tickets. [1]

BEP-721 Token Functions

BEP-721 has a list of functions that govern how the token interacts with the BNB Smart Chain. Some of these are standard and are also present in the BEP-20 standard such as:

  • name  —  specifies the name by which other contracts will recognize the BEP-721 token
  • symbol  —  a concise name for the token, comparable to a ticker symbol
  • balanceOf  —  displays the token balance of a given address
  • totalSupply  —  shows the overall amount of tokens generated. [3]
See something wrong? Report to us.



Did you find this article interesting?


Join the IQ Brainlist

Sign up for the IQ Brainlist to get early access to editing on the beta site!

Join Now

Subscribe to our newsletter

Never miss any of the most popular and trending articles on when you sign up to our email newsletter.

Subscribe's vision is to bring blockchain knowledge to the world and knowledge onto the blockchain. A part of Brainfund Group.


What's IQ?StakingBonds


About usCareersBrandingIQ GPTIQ Dashboard

© 2023 Powered By BrainDAO& IQ