Ever thought of your NFTs becoming mini financial hubs? It’s now possible.

Since the launch of EIP-6551 (aka Token Bound Accounts), every #Ethereum-based #NFT in existence, from #CryptoKitties to #BoredApes, can now act as a wallet.

A Breakdown thread🧵 on EIP-6551 👇

1/19🧵 These NFT-owned wallets can now own other assets like:

🔸$ETH

🔸ERC-20 tokens like USDT

🔸ERC-721 tokens

🔸ERC-1155 tokens, aka semi fungible tokens.

2/

Let’s talk #ERC4337.

It’s a new #Ethereum standard that introduces “Account Abstraction,” or smart account, capabilities in production. 

A thread🧵👇
1/21 #ERC4337’s already spread to a handful of other chains, and it’s got big implications for #NFTs wherever it goes. Let’s dig into these implications in this thread 🔻

2/

1/7🧵
🌠What are #BRC20 Tokens?

#BRC20 stands for "Bitcoin Request for Comment" and is an experimental token standard. 2/7🧵

Using Ordinals, developers inscribe text directly onto the #Bitcoin Blockchain.
This text is being used to represent fungible tokens that are interchangeable on a 1:1 basis.