Static Restrictions and Dynamic Breakthroughs of NFT
Traditional non-fungible tokens (NFT) have a unique identity on the blockchain, but there is a fundamental problem: once minted, the data is permanently fixed and cannot adapt to changes in the real world. This proves to be inadequate for assets that require dynamic updates, such as digital identities, real estate titles, or game characters.
Static NFTs are typically built on the ERC-721 token standard, where metadata (including name, description, visual characteristics, etc.) is locked at the time the smart contract is created. Passports expire, property values fluctuate, and game characters level up—but traditional NFTs cannot reflect these changes.
The core mechanism of dynamic NFT: the vitality endowment of metadata.
Dynamic NFTs have broken this deadlock. These types of NFTs use the ERC-1155 token standard, making them semi-fungible.