What if the NFT you own could perform the functions of a ‘wallet’ and represent the asset itself as well? This would enable your asset to communicate with other smart contracts and hold other digital assets inside of it. ERC-6551: Non-fungible Token Bound Accounts, a new Ethereum Improvement Proposal, may soon make such possible. For more about blockchain and smart contracts, visit our smart contract development services.
Continue reading: How to Create and Deploy a Token Bound Account | ERC-6551