# NFT The full name of NFT is Non Fungible Token, which is a non-fungible token. It is a non-fungible asset, an indivisible and unique token, which can anchor the digital certificate of items in the real world. The key innovation of NFT is to provide a way to mark the ownership of native digital assets (that is, assets that exist in the digital world, or originate in the digital world), and this ownership can exist outside the centralized service or centralized library. Based on these characteristics, NFT can become an on-chain equity mapping of assets, and can also become a unique digital collectible. At present, NFT projects are mainly concentrated in the three fields of digital collectibles, game assets and virtual world, and have a perfect ecology and mature transaction circulation platform. Through the minting and trading platform, you can easily mint NFT tokens, view relevant information of NFT contracts on the chain, and conduct NFT circulation transactions ### Implementation path of NFT BULL chooses to start from the infrastructure with high technical integration and high investment cost, promote the construction of compatible ERC-721/TRC-721 protocol and supporting infrastructure, quickly form a first-mover competitive advantage, and form a high enough competition barrier to occupy The most leading resources in the industry to expand the influence of the fund. Among them, all NFT works will be minted with unique tokens, the tokens will be stored in the NFT smart contract, and the relevant information and works records of all works rights belonging to the NFT token holders will be permanently stored in BTFS and other systems. , its files will be permanently stored on the human Internet. ### The application scenarios of NFT Governance token: The owner of NFT will have the right to decide the disposal of BULL works, the acquisition, on-chain issuance and exhibition of potential art works, and also enjoy the decision on the content, exhibition method and exhibition duration of cyberpunk online virtual museum exhibits right; DEFI airdrops and mining: NFT tokens will participate in the growth of ecological DEFI such as Ethereum and TRON, and will also cooperate with HECO, BBULL, etc. to jointly launch related DEFI airdrops and mining; Democratic voting: NFT owners have the right to vote The direction of future collections, including but not limited to the style, category, age, author and form of the artwork, and approval of the support method and amount; Online governance rewards: For BTC, ETC, TRX and other holders to participate in BULL support, Give appropriate governance incentives, expand project boundaries, and interact with the ecosystem --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://he-chao.gitbook.io/bull-whitepaper/application-of-bull/nft.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.