Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) told investors that a new ‘multiverse’ non-fungible token (NFT) standard (ERC-5606), developed in a project backed by the company, has now been approved on Ethereum.

The NFT standard is described, in a statement, as a significant contribution to building interoperable Web3 infrastructure on the Ethereum blockchain, and, it is  fully compatible with, the most popular NFT standards today (ERC-721 and ERC-1155).

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