It’s time for NFT 2.0. NFT 2.0 is here. Those who aren’t familiar with NFT1.0 may feel that it came too soon. However, non-fungible tokens have the potential to be surprising. NFTs 2021 marked a significant milestone. NFT 2.0 will reach 2022 and beyond. We have selected and featured the best NFT 2.0 projects, as a few of them are competing for a spot in the international spotlight.
CXIP: Shoot High
CXIP (pronounced “chip”) is a marketplace-agnostic NFT minting platform that wants to put the power back into the hands of NFT creators. CXIP is a platform that seeks to fix an outdated problem. Royalties on NFTs are tied to their minting platform. The bottom line is that you cannot take an OpenSea NFT to sell on another platform.
Each NFT created on CXIP is fully protected by a smart contract. Copyrighted and given proof of provenance. This is what enables CXIP’s key feature – its PA1D system that makes sure the creators have full control of their NFTs and get royalties no matter where they are sold.
CXIP seeks to give each NFT minted a touch of authenticity as well as a greater commercial potential. It hopes that it will be able to make a profit in the metaverse, where the most valuable NFTs can become luxury and rare items similar to Chanel or Rolex.
Infinity Is the Limit
Now for something a bit different compared with CXIP – Infinity is all about NFT discovery and evaluation. This community-owned NFT marketplace is dedicated to supporting an environment in which NFTs can be developed, traded, and owned by a DAO-controlled system. Infinity claims it is an alternative to OpenSea or its more centralized brethren like Rarible. Infinity also has a treasury, and a dedicated protocol. Infinity also supports ‘programmable NFTs’, which many claim are the next evolution in NFT utility.
What sets Infinity apart from its immediate competitors is the opportunity for all those who make transactions on the platform to profit directly from that platform’s future success. Infinity will pay 1.5% for each NFT purchased and sold and pass it on to its community-run Treasury. In turn, this treasury will support the platform’s development which, again, should translate into personal benefits for each member of its community.
The main component of its protocol-driven control and governance is $NFT, which it uses as a token. Additionally, holders of the token will be able to access early discounts and features as well as NFT drops.
Infinity’s transaction fees will be lower than its competition to increase its popularity and focus on the community. Infinity will begin to introduce new features, such as fractionalization and other liquidity once the market is stable.RdParties integrations and evaluation
Tezos tokenized music, games and esports
Tezos, a blockchain decentralization platform has established a reputation. However, did you realize that Tezos also operates in the NFT market? Tezos has a lot of blockchain experience and wants to be able to provide a platform that is sustainable for entertainers, artists, and organizations who recently joined the NFT train.
One of these heavy hitters is game giant Ubisoft, whose games will be now peppered with Digits – collectible pieces from its various game worlds. Touted as the “first NFTs playable in AAA games”, these Digits will take the form of in-game items such as vehicles and weapons. Ubisoft Quartz’s early adopters will be able to access NFT drops as well as other rewards. Tezos, the technological foundation built on its energy-efficient properties, will also give them access.
Tezos is also the engine behind Mike Shinoda’s NFT-based music project, Ziggurats. This set contains 5,000 small mixtapes, each with its own NFT-inspired cover art and music but with identical lyrics.
Tezos’ push into the NFT world is now encompassing the gaming realms as well. This blockchain was the technological backbone of NFTs for EVE Online Alliance Tournament XVII. A curiosity: these NFTs were a testament to the players’ skill in what is described as “NFT collectible kills”.
The integration of Tezos and Rarible, an NFT marketplace has been announced by Rarible. The NFTs of Rarible will be included in the Rarible Marketplace, and will help the project that was launched on this blockchain.
Photochromic’s Proof-of-Life
PhotoChromic is an unusual project in NFT, where uniqueness is the norm. It is an identity verification system that uses NFTs to identify individuals on the blockchain. Photochromic combines your governmental ID with biometrical information to prove your identity. This creates a proofof-life system that allows you to have your own identity as a safe and secure NFT. As such, the personal NFT acts as an ID document and is used to connect you with ownership of physical or digital assets.
Security is essential if this project is to succeed, which is why the team behind the project sees it as a solution to two equally important issues – privacy protection and identity theft. The problem with privacy is made even worse with corporations getting rich by using people’s personal data.
Photochromic, on the other hand, offers complete NFT tokenization to your identity. The final result is a set of personal ID data that can be easily programmed and managed by the owner.
The data cannot be sold or transferred to anyone else. Access for verification and other purposes is made on-chain.
Conclusion
NFTs, which are a rapidly-emerging technology, are seeing their applications evolve hand in-hand with the technical capabilities. These projects have the potential to transform how we consume online media, music and other marketplaces. NFT 2.0 is a growing set of applications that will make it a viable option in these increasingly merged physical and virtual realities. There are many great things coming from communities and projects under NFT.