diff --git a/contracts/nft/BasicNFT.sol b/contracts/nft/BasicNFT.sol
new file mode 100644
index 00000000000..0484568ee1e
--- /dev/null
+++ b/contracts/nft/BasicNFT.sol
@@ -0,0 +1,147 @@
+pragma solidity ^0.4.15;
+
+import './NFT.sol';
+
+contract BasicNFT is NFT, NFTEvents {
+
+  uint public totalTokens;
+
+  // Array of owned tokens for a user
+  mapping(address => uint[]) public ownedTokens;
+  mapping(address => uint) _virtualLength;
+  mapping(uint => uint) _tokenIndexInOwnerArray;
+
+  // Mapping from token ID to owner
+  mapping(uint => address) public tokenOwner;
+
+  // Allowed transfers for a token (only one at a time)
+  mapping(uint => address) public allowedTransfer;
+  mapping(address => address) public allowAll;
+
+  // Metadata associated with each token
+  mapping(uint => string) public _tokenMetadata;
+
+  // Global lock to avoid reentrancy on methods that call external functions
+  private bool globalLock = false;
+
+  function totalSupply() public constant returns (uint) {
+    return totalTokens;
+  }
+
+  function balanceOf(address owner) public constant returns (uint) {
+    return _virtualLength[owner];
+  }
+
+  function tokenOfOwnerByIndex(address owner, uint index) public constant returns (uint) {
+    require(index >= 0 && index < balanceOf(owner));
+    return ownedTokens[owner][index];
+  }
+
+  function getAllTokens(address owner) public constant returns (uint[]) {
+    uint size = _virtualLength[owner];
+    uint[] memory result = new uint[](size);
+    for (uint i = 0; i < size; i++) {
+      result[i] = ownedTokens[owner][i];
+    }
+    return result;
+  }
+
+  function ownerOf(uint tokenId) public constant returns (address) {
+    return tokenOwner[tokenId];
+  }
+
+  function transfer(address to, uint tokenId) public {
+    require(tokenOwner[tokenId] == msg.sender || allowAll[tokenOwner[tokenId]] == msg.sender);
+    return _transfer(tokenOwner[tokenId], to, tokenId);
+  }
+
+  function takeOwnership(uint tokenId) public {
+    require(allowedTransfer[tokenId] == msg.sender || allowAll[tokenOwner[tokenId]] == msg.sender);
+    return _transfer(tokenOwner[tokenId], msg.sender, tokenId);
+  }
+
+  function transferFrom(address from, address to, uint tokenId) public {
+    require(allowedTransfer[tokenId] == msg.sender || allowAll[tokenOwner[tokenId]] == msg.sender);
+    return _transfer(tokenOwner[tokenId], to, tokenId);
+  }
+
+  function approve(address beneficiary, uint tokenId) public {
+    require(msg.sender == tokenOwner[tokenId]);
+
+    if (allowedTransfer[tokenId] != 0) {
+      allowedTransfer[tokenId] = 0;
+    }
+    allowedTransfer[tokenId] = beneficiary;
+    Approval(tokenOwner[tokenId], beneficiary, tokenId);
+  }
+
+  function approveAll(address beneficiary) public {
+    allowAll[msg.sender] = beneficiary;
+  }
+
+  /**
+   * Provides a way to automatically call another contract after approval
+   */
+  function transferTo(address targetContract, uint tokenId, bytes inputData) payable external returns(bool) {
+    require(tokenOwner[tokenId] == msg.sender
+      || allowAll[tokenOwner[tokenId]] == msg.sender);
+
+    require(!globalLock);
+    globalLock = true;
+
+    _transfer(tokenOwner[tokenId], targetContract, tokenId);
+    require(targetContract.call.value(msg.value)(inputData));
+
+    globalLock = false;
+  }
+
+  function tokenMetadata(uint tokenId) constant public returns (string) {
+    return _tokenMetadata[tokenId];
+  }
+
+  function metadata(uint tokenId) constant public returns (string) {
+    return _tokenMetadata[tokenId];
+  }
+
+  function updateTokenMetadata(uint tokenId, string _metadata) public {
+    require(msg.sender == tokenOwner[tokenId]);
+    _tokenMetadata[tokenId] = _metadata;
+    MetadataUpdated(tokenId, msg.sender, _metadata);
+  }
+
+  function _transfer(address from, address to, uint tokenId) internal {
+    _clearApproval(tokenId);
+    _removeTokenFrom(from, tokenId);
+    _addTokenTo(to, tokenId);
+    Transferred(tokenId, from, to);
+  }
+
+  function _clearApproval(uint tokenId) internal {
+    allowedTransfer[tokenId] = 0;
+    Approval(tokenOwner[tokenId], 0, tokenId);
+  }
+
+  function _removeTokenFrom(address from, uint tokenId) internal {
+    require(_virtualLength[from] > 0);
+
+    uint length = _virtualLength[from];
+    uint index = _tokenIndexInOwnerArray[tokenId];
+    uint swapToken = ownedTokens[from][length - 1];
+
+    ownedTokens[from][index] = swapToken;
+    _tokenIndexInOwnerArray[swapToken] = index;
+    _virtualLength[from]--;
+  }
+
+  function _addTokenTo(address owner, uint tokenId) internal {
+    if (ownedTokens[owner].length == _virtualLength[owner]) {
+      ownedTokens[owner].push(tokenId);
+    } else {
+      ownedTokens[owner][_virtualLength[owner]] = tokenId;
+    }
+    tokenOwner[tokenId] = owner;
+    _tokenIndexInOwnerArray[tokenId] = _virtualLength[owner];
+    _virtualLength[owner]++;
+  }
+}
+
diff --git a/contracts/nft/NFT.sol b/contracts/nft/NFT.sol
new file mode 100644
index 00000000000..0d50c8d169d
--- /dev/null
+++ b/contracts/nft/NFT.sol
@@ -0,0 +1,27 @@
+pragma solidity ^0.4.15;
+
+contract NFT {
+  function totalSupply() constant returns (uint);
+  function balanceOf(address) constant returns (uint);
+
+  function tokenOfOwnerByIndex(address owner, uint index) constant returns (uint);
+  function ownerOf(uint tokenId) constant returns (address);
+
+  function transfer(address to, uint tokenId);
+  function takeOwnership(uint tokenId);
+  function transferFrom(address from, address to, uint tokenId);
+  function approve(address beneficiary, uint tokenId);
+
+  function metadata(uint tokenId) constant returns (string);
+}
+
+contract NFTEvents {
+  event Created(uint tokenId, address owner, string metadata);
+  event Destroyed(uint tokenId, address owner);
+
+  event Transferred(uint tokenId, address from, address to);
+  event Approval(address owner, address beneficiary, uint tokenId);
+
+  event MetadataUpdated(uint tokenId, address owner, string data);
+}
+