# ETH Penang: Intro To Token Bound Accounts ERC 6551

- Channel: [Ethereum Malaysia](https://streameth.org/ethereum-malaysia)
- Date: 2024-10-09
- Duration: 44:07
- Topics: ethereum, blockchain, kuala lumpur
- Watch: https://streameth.org/watch/yt-YzNHVlucz-g
- YouTube: https://www.youtube.com/watch?v=YzNHVlucz-g

## Description

Julius discusses ERC-6551, an Ethereum Request for Comment (ERC) that defines a system that assigns Ethereum accounts to all non-fungible tokens (NFTs). These token-bound accounts allow NFTs to own assets and interact with applications, without requiring changes to existing smart contracts or infrastructure.