 | **NFT’**s could become big the next years. Ethereum has taken the lead as platform, but are there any other blochchain platforms that could lead the way ? First, what are NFT’s: NFT assets are the value medium used to characterize non-monetary assets. Thanks to the decentralization, immutability, and cryptographic confirmation of the blockchain, NFT solves a series of real problems of the real-world assets. An NFT or a Non-Fungible Token is a technical term used for crypto collectibles. More precisely, NFTs are the digital items that can be collected or used in a game or trade on a blockchain network. NFT is among the main developing blocks of the emerging blockchain-powered digital economy, and many projects are experimenting with NFTs now. In addition, NFT has also achieved features that cryptocurrencies lack, such as characterizing negative assets (liabilities), identity, proof of equity, and virtual prop items. NFT fills the gap in crypto assets, allowing us to include assets with independent value into the scope of the crypto economy and obtain the protection of the blockchain. On the Ethereum network at the moment, the fees are skyrocketing and that could become a serious problem fort he NFT markets and projects that want to build on ETH. But there are some new Kids on the Blockchain: ZILLIQA Mintable is a marketplace for digital items on blockchain — the first place to sell and create non-fungible tokens (NFTs) on the Zilliqa platform. Some of the features Mintable provides are a very user-friendly selling experience, the ability to sell and describe your NFT being sold, the ability to list.ZIL domain names, 3D image support, and secure private file downloads for files attached to NFTs on the blockchain. Mintable isn't just on Zilliqa though, their beta that has been live since 2018 runs on Ethereum. Later this year they will be releasing the 2.0 marketplace that runs on Ethereum. Making Mintable the first NFT marketplace that has two blockchains supported. With the Mintable app, managing and minting crypto assets of your choice have become much easier. Users can reap the benefits of the dual blockchain of Ethereum and Zilliqa, each having exclusive and super-rich features. Minting any asset on the Mintable Zilliqa platform is way cheaper and faster than minting assets on any other similar ETH based platforms. IOST IOST has begun a complete layout of the NFT market and has announced the official IOST IRC-721 NFT standard. The official NFT standard protocol was launched by IOST on April, 2020. Developers can use it directly (providing base of issuance), which decrease complexity of join and development. It is more easily for developers to issue NFT assets. Moreover, this protocol lets NFT that based on IOST public chain keep the same standard and brings the possibility of letting NFT assets be reused in different scenes or between games. IOST’s NFT standard protocol offers the same level of scalability, decentralization, and security of its fungible as well as benefit from its superior resource allocation model that is more effective and much less costly than Ethereum. https://medium.com/iost/iost-unveils-official-irc-721-nft-standard-a0cf297a9c04 So we see the NFT landscape quickly changing and taking shape with some new and exciting developements ahead. [link] [comments] |
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