The above ID is for a specific CryptoKitty NFT on the Ethereum blockchain. By the end of the year, the CAIP standard will be fully integrated into the database without any interruptions to the API. The CAIP standard has already been integrated into Tokenbase and is currently in its beta testing phase.
By providing a unique asset type and an asset ID, developers can reduce the risk of confusion between different assets. Chain agnostic improvement proposal 19, short CAIP-19, is an open-source standard that defines a way to identify a type of asset (e.g., Bitcoin, Ether, ATOM) and an asset ID (for a non-fungible token) in a human-readable, developer and transaction friendly-way.Ĭurrently, each wallet or exchange needs to create its own registry of types of assets and their associated metadata, for example, Trust-Wallet or CoinMarketCap.
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