ERC-6381 is a token standard that provides NFT interaction using Unicode emojis. This standard, which enables NFT owners to communicate, has a feedback dimension.
What is ERC-6381?
ERC-6381, known as the Public Non-Fungible Token Emote Repository, is a proposed token standard for interacting with NFTs using Unicode emojis. It works as a public, doorless repository smart contract that can be deployed on multiple networks at the same address.
It allows users to express their impressions of an NFT using standardized emojis, thus adding an interactive, feedback-based dimension to NFT ownership.
Potential Use Cases
Interaction: ERC-6381 enhances NFT interaction by allowing users to express their admiration or feelings for an NFT using emoji. This can create unique engagement experiences for NFT holders and foster a sense of community around the token.
Feedback-based evolution: Monitoring chain reactions to NFTs allows for feedback-based evolution of NFTs. This can encourage interactions with token collections and foster a more dynamic ownership experience.
Valuation: Expression in NFTs can provide real-time signs of admiration or desire that can affect the token’s value. This can provide potential buyers and sellers with a more robust metric for estimating the value of a given NFT, rather than relying solely on historical selling prices and market scarcity data.