Smart Contracts
Beginner
What is
NFT (Non-Fungible Token)?
A unique digital token representing ownership of a specific asset, artwork, or item.
NFTs are tokens with quantity of 1, making each unique and non-interchangeable. On Ergo, NFTs are native tokens with special properties. They're used for digital art, collectibles, gaming items, and proof of ownership. Ergo NFTs benefit from low fees and native multi-asset support.
Key Points
- Unique tokens (quantity = 1)
- Native on Ergo protocol
- Low minting/transfer fees
- Can include metadata
- Used for art, gaming, ownership
- Marketplaces: SkyHarbor, etc.
Use Cases
1
Digital art and collectibles
2
Gaming items
3
Event tickets
4
Membership tokens
5
Real-world asset representation
Related Infographics
Frequently Asked Questions
Questions about NFT (Non-Fungible Token)
Common questions about this topic
What can I do with Ergo?
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Explainer
Getting Started
How to get started with Ergo?
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from an exchange (Gate.io, KuCoin) or DEX (Spectrum). Make a test transaction. Then explore: try DeFi on Spectrum, check out NFTs, or dive into the technology if you're a builder.
How-to
Getting Started
What is ErgoScript and how does it work?
ErgoScript is Ergo's smart contract language - a Scala-based, functional language that compiles to ErgoTree for on-chain execution. Unlike Solidity, ErgoScript is not Turing-complete by design, ensuring predictable execution costs and easier formal verification. It's powerful enough for complex DeFi yet safe enough to audit.
Explainer
Technology
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started