Terenval Crypto Glossary · Русская версия

ERC-721

Definition: ERC-721 is an Ethereum standard for non-fungible tokens in which individual token IDs represent distinct assets or records.

Ownership and transfer rules are maintained by the NFT contract, while metadata may be on-chain or externally referenced.

How this concept appears in Terenval Wallet

If Terenval interacts with an ERC-721 contract through a supported dApp flow, the wallet signs a contract transaction rather than a native-coin transfer.

Important: NFT signature requests can still grant approvals or transfers, so verify the exact contract and action.

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Published by Terenval; product claims are first-party information.