# The Origin of NFT The origin of NFT can be traced to the year 2012. It was a blog post by Yoni Assia who mentioned the concept of the coloured coin. At the end of the year, the potential of the new assets was discussed in a paper titled “Overview of Colored Coins” which was published by Meni Rosenfeld. From 2014 to 2016, some projects made their attempts on cards, gameassets, and collectables creation and trading. 2017 was a significant year for NFT, the success of CryptoPunks and CryptoKitties let more people notice NFT. Technically, the ERC721 standard was firstly applied in CryptoKitties in 2017. which was widely applied in plenty of projects in the later years. To make the ERC 721 tokens fit with the virtual items, Enjin created a brand-new standard as ERC 1155, which allows for an infinite number of both fungible and non-fungible items in a single contract. The appearance of ERC 1155 boosted the development of blockchain games. Much more blockchain projects focus on the NFT application and its economic value in recent years. In 2021, many investors are willing to pay high rates to secure and promote NFTs because they believe they will be the biggest and most profitable collectibles in thefuture. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://dnft.gitbook.io/dnft/what-is-nft/the-origin-of-nft.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.