The BEP-721 token standard supports the creation of non-fungible tokens (NFTs) on the BNB Chain. The BEP-721 token standard extends the ERC-721 token standard for Ethereum's NFTs.
Unlike the BEP-20 token standard, BEP-721 tokens also support the tokenization of ownership, adding a unique identifier to the token. Each BEP-721 token on the BSC blockchain is associated with a unique token ID.
As a result, these BEP-721 tokens can represent collectible tokens on the blockchain. They can include digital or physical art, digital collectibles, in-game assets for blockchain games, tokenized real-world assets on the blockchain, and more.