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The NFT standard (EIP-721) was created in 2018, but after CrptoKitties this field was relatively silent. NFT (non-fungible) tokens are also simple “databases” on the blockchain. When you mint an NFT to yourself, the token contract assigns the unique token ID to your. address. The problem with complexity is the high transaction cost. In this article, I will show how can you create a minimalistic but fully functional NFT contract on the. Ethereum blockchain.