Blog Post

ERC-721A Token Development

ERC-721A is a token standard that extends the ERC-721 standard by adding the ability to fractionalize tokens. This means that a single ERC-721A token can be divided into multiple sub-tokens, each of which represents a share of the ownership of the original token.This makes ERC-721A tokens ideal for applications where it is desirable to share the ownership of a single digital asset, such as collectibles, real estate, and gaming items.

The process of developing an ERC-721A token can be divided into the following steps:

Design the token: This involves deciding on the token’s name, symbol, total supply, and any other features that you want the token to have.

Create the smart contract : The smart contract will need to be updated to support fractionalization.

Deploy the smart contract to the Ethereum blockchain: This can be done using a variety of tools, such as Remix or Truffle.

Create a token metadata file: This file will store information about each token, such as its name, symbol, and image.

Market and distribute the token: Once your token is deployed to the blockchain, you will need to market it and distribute it to potential users.

Important features of our ERC-721A Token:

Ownership restrictions: You can restrict the ownership of tokens to certain users or to certain addresses.

Royalties: You can collect royalties on every time a token is sold.

Fungible: ERC-721A tokens are fungible, meaning that they are interchangeable with each other.

Mintable: ERC-721A tokens can be minted, which means that new tokens can be created.

Burnable: ERC-721A tokens can be burned, which means that they can be destroyed.

Extensible: ERC-721A tokens can be extended to add new features.

Pausable: ERC-721A tokens can be pausable, which means all transactions can be paused.