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At risk of making this more boring to read, remove flavor text, thanks @TCOA

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William Entriken 2018-01-24 11:22:01 -05:00
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EIPS/eip-721.md
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@ -222,7 +222,7 @@ The noun deed is defined in the Oxford Dictionary as:
> A legal document that is signed and delivered, especially one regarding the ownership of property or legal rights.
This definition is consistent with the fact that ERC-721 contracts track ownership of other things, such as houses, pictures of kittens or collectable cards. If you gain ownership of a house via ERC-721 (first, that would be awesome) then the thing that the ERC-721 contract tracks is the *deed*, the place where you live (and invite Will for dinner) is the *asset*.
This definition is consistent with the fact that ERC-721 contracts track ownership of other things, such as houses, pictures of kittens or collectable cards. If you gain ownership of a house via ERC-721 then the thing that the ERC-721 contract tracks is the *deed*, the place where you live is the *asset*.
*Alternatives considered: non-fungible token, title, token, asset, equity, ticket*