diff --git a/.circleci/config.yml b/.circleci/config.yml
index 479bafb..2345c74 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -22,7 +22,7 @@ workflows:
 jobs:
   contract_cw721_base:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     working_directory: ~/project/contracts/cw721-base
     steps:
       - checkout:
@@ -32,7 +32,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version
       - restore_cache:
           keys:
-            - cargocache-cw721-base-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+            - cargocache-cw721-base-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Unit Tests
           environment:
@@ -42,11 +42,11 @@ jobs:
           paths:
             - /usr/local/cargo/registry
             - target
-          key: cargocache-cw721-base-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+          key: cargocache-cw721-base-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
 
   contract_cw721_expiration:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     working_directory: ~/project/contracts/cw721-expiration
     steps:
       - checkout:
@@ -56,7 +56,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version
       - restore_cache:
           keys:
-            - cargocache-cw721-expiration-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+            - cargocache-cw721-expiration-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Unit Tests
           environment:
@@ -78,11 +78,11 @@ jobs:
           paths:
             - /usr/local/cargo/registry
             - target
-          key: cargocache-cw721-expiration-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+          key: cargocache-cw721-expiration-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
 
   contract_cw721_fixed_price:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     working_directory: ~/project/contracts/cw721-fixed-price
     steps:
       - checkout:
@@ -92,7 +92,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version
       - restore_cache:
           keys:
-            - cargocache-cw721-fixed-price-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+            - cargocache-cw721-fixed-price-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Unit Tests
           environment:
@@ -114,11 +114,11 @@ jobs:
           paths:
             - /usr/local/cargo/registry
             - target
-          key: cargocache-cw721-fixed-price-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+          key: cargocache-cw721-fixed-price-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
 
   contract_cw721_receiver_tester:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     working_directory: ~/project/contracts/cw721-receiver-tester
     steps:
       - checkout:
@@ -128,7 +128,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version
       - restore_cache:
           keys:
-            - cargocache-cw721-receiver-tester-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+            - cargocache-cw721-receiver-tester-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Unit Tests
           environment:
@@ -150,11 +150,11 @@ jobs:
           paths:
             - /usr/local/cargo/registry
             - target
-          key: cargocache-cw721-receiver-tester-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+          key: cargocache-cw721-receiver-tester-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
 
   package_cw721:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     working_directory: ~/project/packages/cw721
     steps:
       - checkout:
@@ -191,7 +191,7 @@ jobs:
 
   lint:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     steps:
       - checkout
       - run:
@@ -199,7 +199,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version; rustup target list --installed
       - restore_cache:
           keys:
-            - cargocache-v2-lint-rust:1.65.0-{{ checksum "Cargo.lock" }}
+            - cargocache-v2-lint-rust:1.71.0-{{ checksum "Cargo.lock" }}
       - run:
           name: Add rustfmt component
           command: rustup component add rustfmt
@@ -218,7 +218,7 @@ jobs:
             - target/debug/.fingerprint
             - target/debug/build
             - target/debug/deps
-          key: cargocache-v2-lint-rust:1.65.0-{{ checksum "Cargo.lock" }}
+          key: cargocache-v2-lint-rust:1.71.0-{{ checksum "Cargo.lock" }}
 
   # This runs one time on the top level to ensure all contracts compile properly into wasm.
   # We don't run the wasm build per contract build, and then reuse a lot of the same dependencies, so this speeds up CI time
@@ -226,7 +226,7 @@ jobs:
   # We also sanity-check the resultant wasm files.
   wasm-build:
     docker:
-      - image: rust:1.65.0
+      - image: rust:1.71.0
     steps:
       - checkout:
           path: ~/project
@@ -235,7 +235,7 @@ jobs:
           command: rustc --version; cargo --version; rustup --version
       - restore_cache:
           keys:
-            - cargocache-wasm-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+            - cargocache-wasm-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Add wasm32 target
           command: rustup target add wasm32-unknown-unknown
@@ -255,7 +255,7 @@ jobs:
           paths:
             - /usr/local/cargo/registry
             - target
-          key: cargocache-wasm-rust:1.65.0-{{ checksum "~/project/Cargo.lock" }}
+          key: cargocache-wasm-rust:1.71.0-{{ checksum "~/project/Cargo.lock" }}
       - run:
           name: Check wasm contracts
           command: cosmwasm-check ./target/wasm32-unknown-unknown/release/*.wasm
diff --git a/Cargo.toml b/Cargo.toml
index 9f7ef2f..86fba0d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -8,7 +8,7 @@ license       = "Apache-2.0"
 repository    = "https://github.com/CosmWasm/cw-nfts"
 homepage      = "https://cosmwasm.com"
 documentation = "https://docs.cosmwasm.com"
-rust-version  = "1.65"
+rust-version  = "1.71"
 
 [workspace.dependencies]
 cosmwasm-schema = "^1.2"
diff --git a/contracts/cw721-base/README.md b/contracts/cw721-base/README.md
index d3be359..41ddf52 100644
--- a/contracts/cw721-base/README.md
+++ b/contracts/cw721-base/README.md
@@ -32,7 +32,7 @@ If provided, it is expected that the _token_uri_ points to a JSON file following
 
 ## Running this contract
 
-You will need Rust 1.65+ with `wasm32-unknown-unknown` target installed.
+You will need Rust 1.71+ with `wasm32-unknown-unknown` target installed.
 
 You can run unit tests on this via: