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A Dynamic NFT is a type of NFT that can change some of its inherent properties based on external conditions. These changes are recorded and added to the metadata of the NFT. Smart contracts, triggered by data from oracles and other on-chain and off-chain events, cause the changes to occur. Dynamic art in a dynamic NFT can change colors or hues and display specific time-bound features depending on the location in which it is displayed, temperature, season, time of year, or lunar position.Dynamic NFTs primarily use the ERC1155 token as of this writing.