NEO has become the latest blockchain to gain support for non-fungible tokens, otherwise known as NFTs or cryptocollectibles. These tokens resemble digital trading cards: they can be transferred between individuals just like cryptocurrency, but each NFT token is an entirely unique item.
Three New Tools
On Sunday, a number of NFT tools were released by O3 Labs, a group that produces a popular NEO wallet and other NEO-related software. (The NEO standards that actually support NFT tokens have existed for longer: they were originally created by a developer from Hashpuppies, a NEO-based game in the vein of CryptoKitties.)
Three different NFT-related tools are now available. In addition to offering a developer platform, O3 Labs has created a token explorer that can be used to view existing NFT tokens. Another exciting tool is the O3 Foundry, which can be used to create NFTs based on Internet memes.
You can already browse and explore two types of NFTs. The first category consists of tokens from Hashpuppies, and the second category is…