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Author: Admin | 2025-04-28
To sell, the creator of an NFT can decide how many replicas exist. Sometimes these are exact replicas, such as 5000 General Admission tickets. Sometimes several are minted that are very similar, but each slightly different, such as a ticket with an assigned seat. These can be bought and sold peer-to-peer without paying ticket handlers and the buyer always with assurance of the ticket authenticity by checking the contract address.On ethereum.org, NFTs are used to demonstrate that people have meaningfully contributed to our Github repository (programmed the website, written or modified an article...), translated our content, or attended our community calls, and we've even got our own NFT domain name. If you contribute to ethereum.org, you can claim a NFT. Some crypto meetups have used POAPs as tickets. More on contributing.This website also has an alternative domain name powered by NFTs, ethereum.eth. Our .org address is centrally managed by a domain name system (DNS) provider, whereas ethereum.eth is registered on Ethereum via the Ethereum Name Service (ENS). And it's owned and managed by us. Check our ENS record(opens in a new tab)More on ENS(opens in a new tab)How do NFTs work?NFTs, like any digital items on the Ethereum blockchain, are created through a special Ethereum based computer program called a "smart contract". These contracts follow certain rules, like the or standards, which determine what the contract can do.The NFT smart contract can do a few key things:Create NFTs: It can make new NFTs.Assign Ownership: It keeps track of who owns which NFTs by linking them to specific Ethereum addresses.Give Each NFT an ID: Each NFT has a number that makes it unique. Additionally, there's usually some information (metadata) attached to it, describing what the NFT represents.When someone "creates" or "mints" an NFT, they're basically telling the smart contract to give
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