NEP-171 Token Standard
This is the current NFT token standard for NEAR. It was carefully designed with input from several experienced developers and creators, and includes native support for royalty payments.


The NEP-171 is about the equivalent of the ERC721. It's just a guideline to enabling other platforms to interoperate with assets, giving them confidence the nft_transfer and ownerhip verification.
Anytime you see the nft_ in front of a function, this is help indexer identify what's going on. In Ethereum land, every contract indexes on its own chaos.
Core Functionality | NEAR Protocol Specification


We took it a step further and added a payouts system which gives marketplaces less excuses by giving the, easy access to royalty expectations.
Royalties and Payouts | NEAR Protocol Specification
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