What is ERC998 token?

ERC-998 token is popularly known as Composable Non-Fungible Tokens. This standard was mainly introduced as an advanced-level ERC-721 token standard, hence it is majorly being used in creating non-fungible tokens. The unique feature of the NFTs created under this token standard is that it has the ability to own the other NFTs of various standards like ERC-20 and ERC-721. To know more about the functionalities of ERC998 token, get in touch with Security Tokenizer, a leading Ethereum token development company.