Chromia Originals: Using Ricardian Contracts to Strengthen Ownership

Chromia Originals: Using Ricardian Contracts to Strengthen Ownership

When you own an NFT, what do you actually ‘own’? Before we can explore this question further, it is important to discuss the way that most Ethereum NFTs actually work. In general, the underlying structure works like this: 1. An NFT token is uniquely identifiable via a combination of TokenID, contract address, and blockchain 2. A function within the smart contract returns something called a URI, which points to a…