Re: ERC-721 Non-Fungible Token Standard on Ethereum vs. VCs on Hyperledger Indy

We hardly ever use 721 any more. ERC-1155 is the most popular now, especially since batch transfers are more affordable despite high gas costs.

Nik

> On Feb 11, 2021, at 3:05 PM, Michael Herman (Trusted Digital Web) <mwherman@parallelspace.net> wrote:
> 
> 
> I hope this isn’t stretching the favorable use of the CCG mailing list…
>  
> When are Hyperledger Indy/Sovrin VCs better than Ethereum smart contracts for NFEs/NFTs (non-fungible entities/tokens)?
>  
> It seems obvious but I don't have a detailed/worked out answer.  One project I'm associated with wants to use the ERC-721 Non-Fungible Token Standard on Ethereum but I believe VCs are a better route to take. Part of the desire to stay on Ethereum is there is quite a vibrant NFT community on Ethereum and lots of different EC-721 tokens. 
>  
> https://eips.ethereum.org/EIPS/eip-721
>  
> What are the considerations/decision points/knock-offs?
>  
> Best regards,
> Michael Herman
> Sovrin Foundation Self-Sovereignist
>  
> Self-Sovereign Blockchain Architect
> Trusted Digital Web
> Hyperonomy Digital Identity Lab
> Parallelspace Corporation
>  
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