NFT Collectibles ERC-721 Chaincode Workflow

In this scenario, non-fungible tokens (NFTs) represent works of art for sale in a marketplace.

The NFT collectibles scenario supports minting, selling, and reselling artworks represented by NFTs. Curators mint NFTs and list them for sale. Consumers purchase NFTs by direct payment, after which ownership is transferred. NFTs can be relisted for resale. Users can check their account balance to verify their NFT holdings.

The following diagram shows a typical process flow when using the sample NFT collectibles ERC-721 chaincode.