Top NFT Standards for Your NFT Projects: Pick the One That Fits

The NFT world is no longer just a pixelated art form; it has also become a pricey collectible for global users. As years pass, new features, functionalities, and token standards are introduced that make the NFTs dynamic.

Think of the NFT standards as the DNA of the tokens; each token standard is shaping the token behavior, interaction, and evolution in the digital ecosystem. Also, the Ethereum blockchain has laid the foundation for various standards for NFTs that offer multiple use cases and support for users.

If you are eager to know about the top NFT standards that are redefining the NFT ecosystem, then this blog is for you.

Importance Of Non-Fungible Token Standards

The NFT standards act as the blueprint for the NFT functioning, interaction, and transfer across blockchain networks. Also, the NFT rules, regulations, and interactions are defined in the NFT smart contract, where conditions are met. So, each NFT standard offers unique capabilities, from enabling basic ownership to powering dynamics with smart contracts.

The NFT smart contract development includes the integration of minting, burning, transferring, and enforcing royalties. With the smart contracts, the NFTs are powered by innovation and security within the ecosystem.

Trending NFT Standards Of 2025

Currently, the cryptocurrency market is inundated with numerous NFT standards, each offering distinct features for users. So, we have listed the top and rarest types of NFT standards in this section.

ERC721 – Unique, Non-Identical NFTs

The ERC721 token standard of the Ethereum blockchain laid the foundation for the entire non-fungible token ecosystem. Also, with this NFT standard, the non-fungible tokens are digitally verifiable, transferable, and programmable on the blockchain. Unlike other token standards, the ERC721 tokens are not identical and cannot be interchanged.

Use Cases

As the primary standard for non-fungible tokens, ERC721 offers various real-world use cases. They are,

• Digital Art – The global users can convert any kind of digital art into a non-fungible token with this standard.
• Gaming Assets – In-game assets like skins, characters, and weapons can be turned into a token for trading purposes.
• Virtual Real Estate – Projects like Decentraland, The Sandbox, etc, are utilized to have land ownership.

Similar Token Standards of Various Blockchains

The other blockchains that serve similar token purposes to the Ethereum token standard. They are listed below,

1. BNB chain – BEP721
2. Avalanche – ARC-721
3. Harmony – HRC-721
4. Cardano – CIP-721
5. NEAR Protocol – NEP-171

ERC1155 – Multi Token With Single Contract

The ERC1155 is a semi-fungible token standard that offers both fungible and non-fungible functionalities. Unlike the ERC721 token standard, this NFT standard ensures the creation of unique assets that support multiple token types. With a single contract, both fungible (Concert Ticket) and non-fungible (the same concert ticket after the event, which became a collectible) functions are executed.

Use Cases

The multi-token standard offers a lot of real-world use cases for global traders. Some of them are,

• Gaming – Enables developers to create tokens for skins, weapons, etc, and also for coins or currencies.
• NFT collections – A bundle of NFTs can be made into a collectible where batch minting saves gas fees.

Similar Token Standards of Various Blockchains

Some of the other blockchains that have adopted a similar token standard to support multi-token functionalities are,

1. BNB Chain – BEP1155
2. Avalanche – ARC1155
3. Harmony – HRC1155
4. Cardano – CIP68
5. NEAR Protocol – NEP245
6. Tezos – (FA2 (TZIP-12)

ERC994 – Delegated NFTs

Unlike the ERC721 and ERC1155, this is a new form of NFT standard in the ecosystem. The ERC994 is a Delegated Non-Fungible Token (DNFT), which offers delegation of ownership and control. This token standard allows the NFT to delegate permissions or functions to another address. As a result, the token standard is considered to be a more dynamic and programmable asset for interactions.

Use Cases

The ERC994 token standard offers innovative real-world use cases for the NFT global users. Some of them are,

• DAO Governance – The tokens allow the users to delegate their voting rights and privileged access to the DeFi platform.
• Real-Estate Tokenization – The RWA NFT represents the property to delegate maintenance and rental rights.

Similar Token Standards of Various Blockchains

1. BNB Chain – BEP994
2. Avalanche – ARC994
3. Harmony – HRC994
4. Cardano – CIP100 (Layered ownership model)
5. NEAR Protocol – NEP-245 (Utilizes advanced asset delegation)

ERC998 – Composable (Nested) NFTs

The ERC998 NFT standard is known as a Composable NFT standard, which expands the functionality of the NFTs. This implies that the ERC998 token allows one token to expand into other, both fungible and non-fungible tokens. Hence, this token acts as a container of assets that enables a hierarchical ownership structure. Through this, users can utilize an NFT with flexibility, composability, and automation.

Use Cases

As the ERC998 token is a composable one, it helps users unlock next-level applications for the assets. So, the NFTs can be bundled and transferred together.

• Metaverse Ownership – In the metaverse land, users can own buildings, artworks, and interactive assets with this standard.
• Asset Portfolios – This enables bundling of multiple NFTs or tokens into a single tradable asset package.

Similar Token Standards of Various Blockchains

Other blockchains that have implemented and adopted the similar functions of the ERC994 standards are,

1. BNB Chain – BEP998
2. Avalanche – ARC998
3. Harmony – HRC998
4. Cardano – CIP68 (extended metadata and composability support)
5. NEAR Protocol – NEP245 (supports nested and composable assets)

ERC2309 – Batch Minting Of NFTs

The ERC2309 is nothing but the extension of the ERC721 token standard, but it is designed to enable batch minting of NFTs. With the batch minting features, users can mint the NFTs faster, cheaper, and more efficiently on the Ethereum blockchain.

Because the ERC721 token standard requires minting each NFT separately, users must pay higher fees than usual. Therefore, ERC2309-backed NFTs act as an affordable asset option. With the consecutive transfer, the records of a range of token IDs are minted in one go.

Use Cases

Some of the top use cases of the ERC2309 token are,

• Event Tickets – The NFT standard is used for platforms to issue bulk NFTs with unique IDs in a single batch.

Similar Token Standards of Various Blockchains

Several blockchains have introduced comparable mechanisms to optimize bulk minting and reduce transaction fees. They are,

1. BNB Chain – BEP2309
2. Avalanche – ARC2309
3. Harmony – HRC2309
4. Cardano – CIP68 (supports multi-asset and grouped minting)
5. Polygon – Inherits ERC2309 functionality via full EVM compatibility

ERC2981 – Universal Royalty Mechanism

The ERC2981 NFT standard is considered to be a major advancement of the NFT ecosystem. They focus on offering royalty payments for NFT creators. Also, the token standard offers a universal royalty mechanism that ensures artists, musicians, and developers receive royalties automatically regardless of the NFT marketplace.

Use Cases

The ERC2981 is specifically designed to empower creators to receive royalties that act as a passive income.

• Music NFTs – Musicians and labels automate royalty distribution on secondary markets.
• Media Licensing – Facilitates recurring income for digital content creators and studios.

Similar Token Standards of Various Blockchains

1. BNB Chain – BEP-2981 (supports on-chain royalty)
2. Polygon – Compatible with ERC2981
3. Avalanche – ARC2981 (standardized royalty info)
4. Harmony – HRC2981
5. Cardano – CIP27 (metadata-based royalty mechanism for NFTs)
6. NEAR Protocol – NEP199 (royalty percentage distribution for NFT resale)

CIP68 – Programmable and Interactive NFTs

The CIP68 is an NFT standard of the Cardano blockchain that redefines the NFT metadata and on-chain logic interaction within the network. This token standard has also introduced a smart and flexible structure for native tokens, especially for semi-fungible tokens and NFTs. So, without altering the token identity, the metadata will evolve dynamically.

The CIP68 standard allows the NFTs to change the attributes, update the metadata, and interact with the smart contract.

Use Cases

• Gaming Assets – Users can convert the gaming assets into metadata-driven data and gain traits as players progress
• Digital Art Upgradation – The created NFTs can be upgraded with visuals and metadata.

Similar Token Standards of Various Blockchains

1. Ethereum – ERC-4907 (rentable NFTs with temporal ownership)
2. BNB Chain – BEP-1155 (multi-token support)
3. Avalanche – ARC-721X (extended NFT metadata and state management)
4. NEAR Protocol – NEP-178 (supports mutable metadata)
5. Polygon – Fully supports dynamic NFT logic through EVM-compatible contracts.

ERC6551 – Token Bound Accounts

The ERC6551 token standard introduces token-bound accounts (TBA), a revolutionary concept in the NFT ecosystem. so every NFT can own its smart contract wallet, giving it the power to hold assets and interact with dApps. The ERC6551 token standard transforms the static NFT into a fully functional on-chain entity for ownership.

Use Cases

• Metaverse Avatars – Avatars can possess assets like clothing, land parcels, or accessories natively.
• DeFi-enabled NFTs – The NFTs can participate in staking, lending, and yield farming as self-contained wallets.

Similar Token Standards of Various Blockchains

1. BNB Chain – BEP6551 (enable token-bound accounts)
2. Polygon – Compatible with ERC-6551 token standard
3. Avalanche – ARC6551 (Supports composable NFTs)
4. Cardano – CIP68 (implements dynamic metadata)

ERC875 – Bulk NFT Transactions

The ERC875 token standard allows batch transferring of NFTs within a single transaction, with some limitations. It was introduced before the arrival of ERC1155. ERC875 token standard allows users to send multiple non-fungible tokens within a single transaction, which helps to reduce the gas fees and improve transaction efficiency. Also, this makes the ERC875 token standard the one to support peer-to-peer NFT trading.

Use Cases

• Digital Collectibles – This NFT standard enables sending entire NFT sets and collections effectively.
• Peer-to-Peer NFT Trading – Facilitates the direct NFT swaps between users without relying on the parties.

Similar Token Standards of Various Blockchains

1. BNB chain – BEP1155
2. Avalanche – ARC1155
3. Harmony – HRC1155
4. Cardano – CIP68

ERC4907 – Rental-Based Crypto Tokens

The ERC4907 NFT standard is a ground-breaking extension of the ERC721 token standard that supports rental or time-based usage rights. In fact, the token standard helps to separate the ownership from user privileges, which allows NFTs to be rented. Moreover, developed by the Double Protocol, the ERC4907 token standard offers a user and expires attribute to NFT smart contracts.

Use Cases

• Media – Enables limited-time access to exclusive music, movies, and digital experiences.
• Subscription NFTs – This token standard is ideal for access-based models like membership or digital service passes.

Similar Token Standards of Various Blockchains

1. BNB chain – BEP4907
2. Polygon – Fully EVM-compatible
3. Avalanche – ARC4907

These are the top NFT standards that are utilized to create various NFT types that offer specialized features. But, many are struggling to pick the right one for their needs. So, in the next section, we have mentioned some of the factors to choose the best NFT standard.

Essential Factors to Consider Before Choosing an NFT Standard

As NFTs are utilized for various purposes, many startups and users are choosing them. But, they lack to pick the right one based on the needs. Here, we have mentioned the way to choose the right NFT standard based on various factors.

Scalability Needs

If the project needs a higher trading volume or mass minting, then it is essential to choose the blockchain with a potentially scalable infrastructure. Through this, the NFT can be scaled efficiently without network congestion.

Cost Estimation

The transaction and deployment costs play a vital role in creating NFTs with a reliable token standard. So, based on the minting, maintenance, upgrades, and marketplace integration, the price may vary.

Platform Ecosystem

You must align the NFT standard with the blockchain’s ecosystem, developer support, and interoperability. Also, pick the NFT standard that correlates with the target audience. This helps to gain traction and visibility.

Metadata Flexibility

Dynamic and upgradable NFTs need a flexible metadata structure. So, token standards like CIP68 and ERC1155 can be utilized. The immutable metadata structure ensures authenticity.

Blockchain Ecosystem

Your blockchain choice shapes the functioning of the non-fungible token. Users can pick Ethereum for liquidity, Polygon for scalability, Cardano for cost-efficiency, and Avalanche for performance. Also, consider the blockchain ecosystem based on thier gas and minting fees.

Picking the right NFT standard is like laying the right foundation for your NFT business. Because, each NFT standard serves a unique purpose, from one-of-a-kind collectibles to large-scale gaming assets.

Seeking guidance from a reputed Non-fungible token development company will help to pick the right token standard. Therefore, Coinsclone offers the best-ever NFT development solutions, consultations, and legal advice for creating non-fungible tokens.

Pick the Best NFT Standards with Coinsclone

Coinsclone is a leading NFT development company that offers premium services that make all the difference, where the token creation process stands out. Also, we help you transform creative ideas into functional, scalable, and market-ready NFTs. With our technical expertise, it is easy to deliver an impeccable non-fungible token with extraordinary features.

If you want to create a perfect NFT with the right token standard, then approach our technical team. Our team helps you in creating top-notch NFTs for various purposes with unique feature integrations. So, kickstart your NFT creation with our team’s dedicated support and technical assistance!