Will ERC 6551 transform Ethereum metaverses with NFT-owned wallets?

The proposed ERC 6551 token standard for NFTs is generating interest among crypto enthusiasts, as it would enable digital assets to own other tokens, a development that could significantly transform the NFT and metaverse landscape.

Speaking to Laura Shin on a recent episode of the Unchained Podcast,  Benny Giang and Jayden Windle, two of the authors of the Ethereum Improvement Proposal (EIP) for ERC 6551, stated this new standard allows NFTs to own other tokens, essentially equipping them with their own ‘wallets.’