The Ethereum blockchain has introduced a new protocol standard, ERC-6551, which enhances Non-Fungible Tokens and provides new opportunities for users. This standard enables the creation of cryptocurrency wallets that can hold assets, including other NFTs, and allows for the signing and verification of messages on behalf of the token. Additionally, the ERC-6551 standard introduces the concept of a "token bound account" (TBA) which enables the transfer of assets contained within them to other TBAs through a function on the proxy contract. The introduction of this standard is expected to revitalize the NFT market on Ethereum and potentially increase sales. Despite a recent decrease in NFT sales on Ethereum's network, the blockchain has generated an impressive $43.4 billion in sales, surpassing competing networks. The hope is that the ERC-6551 standard will revive the market and reach at least $1 billion in sales per month.