ERC-6059: NFTs with Parental Control and Nesting

This standard marks a significant step in the NFT 2.0 trend. ERC-6059 focuses on empowering one NFT to possess or oversee another NFT independently, without needing permission from an external account or a smart contract.

This advancement encourages the development of nesting capabilities among NFTs, establishing a parent-child dynamic within the NFT ecosystem. This means NFTs can now be organized like families, with some being in charge of others. It’s like building a family tree but with digital tokens instead of people.

There are numerous use cases, like:

Collectibles and Games

Imagine you have a super-special card in a game called “Dragon Quest.” This card is called the “Big Dragon.” Now, this card doesn’t just sit there. It can also collect other cards, like a warrior card, a wizard card, and a treasure card. Each card helps you in the game. The Big Dragon card decides which cards to use or trade with your friends

Virtual House in Game

Imagine you own a cool digital house in a game called “Virtual Town.” Inside this house, you have all sorts of stuff, like a couch, a table, and a lamp. You can move these things around however you like. You can even invite your friends over to hang out or rent out parts of your house for parties.

Supply Chain Tracking

Each product in a supply chain could be represented by an NFT, with parent NFTs representing batches or shipments. This allows for easy tracking of product origins, authenticity, and movement throughout the supply chain.

Conclusion

While many gaming projects still rely on ERC-721, it’s important to explore alternative NFT standards that better suit your specific needs. For gaming, ERC-6059 offers numerous features that could significantly enhance certain use cases.