It’s Time To Build. The Elrond Standard Digital Token & Non-Fu | ElrondNetwork - Announcements

It’s Time To Build. The Elrond Standard Digital Token & Non-Fungible Token Specifications Are Here

Our implementation of the Elrond Standard Digital Token (ESDT) and Non-Fungible Tokens solves problems that are inherent to current implementations on other blockchains.

Furthermore, it brings a number of innovations that will further expand the value and utility of tokens on the Elrond Network.

High Speeds & Low Costs Thanks To Protocol Integration
True Ownership via Smart Accounts
Native Use Of Tokens in Smart Contracts
High-Speed & Low Cost For NFTs & SFTs:
• $0.20 to register an NFT brand -> no Ethereum equivalent
• $0.01 to create NFT -> $100 - $600 on Ethereum
• $0.01 USD to transfer NFT -> $100 on Ethereum

The ESDT features are already available on the Elrond Public Devnet and they will be deployed with the next major mainnet upgrade. Capture your value share of the new internet economy. Get started with Elrond tokens right now:

#hypergrowth100 Day 98

https://elrond.com/blog/elrond-tokens-esdt-nft-sft-specs

RT: https://twitter.com/luciantodea/status/1381673049817280515?s=20