{"id":"bep-721","version":1,"language":"en","title":"BEP-721","hidden":false,"content":"**BEP-721** is a [BNB Smart Chain](https://iq.wiki/wiki/binance-smart-chain) (BSC) token standard that enables the generation of [non-fungible tokens](https://iq.wiki/wiki/non-fungible-token-nft) (NFTs). It is considered to be an extension of [ERC-721](https://iq.wiki/wiki/erc-721), one of the most commonly used NFT standards, and is compatible with the Ethereum Virtual Machine (EVM). [\\[1\\]](#cite-id-icdahl04s6r)[\\[2\\]](#cite-id-22kaerry5b9)  \n  \n# Overview  \n  \nBEP-721 tokens enable the tokenization of data ownership, linking it to a unique identifier, and setting it apart from [BEP-20](https://iq.wiki/wiki/bep-20) tokens. While [BEP-20](https://iq.wiki/wiki/bep-20) allows developers to create multiple identical tokens within a single [smart contract](https://iq.wiki/wiki/smart-contract), BEP-721 assigns a distinct token ID to each token, making them individually unique. [\\[2\\]](#cite-id-22kaerry5b9)  \n  \nThrough 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\\]](#cite-id-22kaerry5b9)  \n  \nBEP-721 tokens can represent digital and physical art, collectibles, in-game items, physical property, real estate, and lottery tickets. [\\[1\\]](#cite-id-icdahl04s6r)  \n  \n## BEP-721 Token Functions  \n  \nBEP-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:  \n  \n* name  —  specifies the name by which other contracts will recognize the BEP-721 token  \n* symbol  —  a concise name for the token, comparable to a ticker symbol  \n* balanceOf  —  displays the token balance of a given address  \n* totalSupply  —  shows the overall amount of tokens generated. [\\[3\\]](#cite-id-vgasqbwr75)","summary":"BEP-721 is a BNB Smart Chain standard enabling creation of non-fungible tokens (NFTs), representing unique, tradable items, extending from the commonly used ERC-721 standard.","categories":[{"id":"nfts","title":"NFTs"}],"promoted":0,"tags":[{"id":"BinanceSmartChain"},{"id":"Glossary"}],"metadata":[{"id":"references","value":"[{\"id\":\"icdahl04s6r\",\"url\":\"https://coinmarketcap.com/alexandria/glossary/bep-721\",\"description\":\"cmc - bep 721\",\"timestamp\":1690815034736},{\"id\":\"22kaerry5b9\",\"url\":\"https://academy.binance.com/en/glossary/bep-721\",\"description\":\"binance academy - bep 721\",\"timestamp\":1690815065247},{\"id\":\"vgasqbwr75\",\"url\":\"https://www.antiersolutions.com/creating-bep-721-token-on-binance-smart-chain/\",\"description\":\"antier solutions - bep 721\",\"timestamp\":1690819188318}]"},{"id":"previous_cid","value":"QmXkTNd4ZXoxJidPheCrJxxrAStDBwDAaMBYgsQEXsgLaN"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb","profile":{"username":"zainab","avatar":"QmZzhTxNPnCKWpsPJtS1YeZUiZ5vFSNHCeStpigLs2pRNt"}},"media":[],"views":20,"events":[],"ipfs":"QmXkTNd4ZXoxJidPheCrJxxrAStDBwDAaMBYgsQEXsgLaN","transactionHash":"0x8418a9156b6346682331a97026bb0ebe8527b9139855bc29bd218bb85e0d6fff","created":"2023-07-31T16:01:32.979Z","updated":"2023-07-31T16:01:32.979Z","images":[{"id":"QmWePYLQWeq65hKSTr5N5LdzuWTrvycphhmmNkB9yASzEi","type":"image/jpeg, image/png"}],"linkedWikis":null}