Are there any standards defined in Sui for fungible and nonfungible tokens like in Eth ERC20 for fungible tokens and ERC721 for non-fungible tokens?
Our equivalent for the Fungible Token standard is the
The standard is represented programmatically, on-chain, using a module in the Sui framework.
When it comes to NFTs, Objects on Sui already have a lot of the properties that people look for from an NFT standard, built into the chain, related to ownership and transfers. On top of that, we have:
- Object Display Standard – for defining a custom representation for your NFTs that are generally understood by Marketplaces and Explorers.
- Kiosk – to give creators and marketplaces control over things like royalties, and other conditions that must be met when performing a transfer.