Is the NFT Polkadot model better than the main NFT model?

The most important reason Bitcoin is still popular after 10 years is if it develops consensus. It is therefore wise to deviate from this consensus, especially in very hot growing conditions. Consensus grew rapidly, greater momentum for long-term improvement. From top to bottom of the cycle, Ethereum smart contracts have widened the ecosystem, and more so, ERC720 and ERC721 processes are the easiest processes to improve, but these standard processes have become very important. It is the first choice of many public channels, but that does not preclude the creation of many new custom models. Cross-chain networks such as Polkadot seek out a variety of new chain links in a series of connections. of NFT will differentiate between the Polkadot protocol and the main protocol.

What is Polkadot's NFT protocol?

Polkadot has been actively improving ecology since last year, and to date there are over 500 works in its library, thanks to many years of in-depth cultivation such as Acala, Bifrost, ChainX and NFTs have started to emerge. focus on popular areas. This year. NFT has its own design layout. According to incomplete statistics, Polkadot's NFT project already includes Bit.Country, Unique Network, RareLink Network, NFTMart, DNFT protocol, DEGO Financial, Gamepower, Loserchick, etc. Objectively speaking, the Polkadot NFT project is at the pioneering stage of waste. As a result, the development of the NFT protocol model has also been stepped up, and there are now approximately:

Inter-chain protocol DNFT-NFT

The DNFT protocol is a Substrate-based inter-chain decentralized NFT asset network dedicated to the development of a next-generation NFT protocol while developing a decentralized NFT and game center to support cross-chain applications of Polkadot and Substrate. These models create pools for users and NFT assets based on big data and AI algorithms to make it easier for users to visualize actual NFT products, especially processes. will provide big data and efficient use of NFT tools. it is a yes. It should be noted that this agreement aims to use Polkadot's XCMP to recognize the safety of Polkadot's green projects and to integrate ERC721 and ERC1155 standards to complete the robust description of NFT activities.

The RMRK NFT model is robust and flexible

RMRK is a model designed to develop Kusama's NFT crypto printing and digital imaging and non-fungible tokens, but has yet to intelligently engage. The usage is similar to that of Bitcoin coins. On October 3, Polkadot developer Gavin Wood developed the first NFT of the ecological NFT trading platform Polkadot singular.rmrk.app based on this simple NFT template.

It is understood that the RMRK model offers unlimited scope for NFTs and aims to become a global NFT model in the Polkadot and Kusama ecosystems, and the standard process itself does not require chain connections and smart contracts. The company also believes it will outperform the ERC721 and ERC1155.

Efinity - Product Development NFT Enjin led the growth.

He plans to build a new blockchain project developed primarily for NFT, which is developing ERC1155 and led by Enjin, a very popular development team. The report states that this is a futuristic, high-performance, high-impact, futuristic multi-channel NFT operation that will be developed as a branch of the Polkadot network. The first phase of Efinity is expected to be announced later this year or in early 2022. Officials say single-chain NFTs (like Ethereum) could move to Efinity over time. The new Paratoken token system in development is compatible with all Polkadot and Kusama systems. In general, Efinity allows Polkadot to completely modify and further improve the NFT performance of each blockchain which is completely different from the same sharding power of Ethereum.

Star network - functional and separate NFT protocol

The Starry protocol now includes multiple broadcasts / exchanges of NFT, Graphics Tokens, Distributed NFTs, and Moloch DAO with an additional NFT tribute. This project has several “original” titles. The first Polkadot project to support export, the first to promote collaborators and fragment tokens, and the first to support the entire Moloch DAO.

What is the main NFT protocol?

We are familiar with the ERC721 model, which is also the most widely used design in the field of NFT. Due to the variety of cryptochat genes that have emerged over time, the internal and external cost of low-cost, non-specific NFT products has been observed, and the market value has increased further favoring improved repair of the cell. ERC721 standard. This year, the adoption of shipping rates has become more popular than CryptoPunk represents this model.

ERC1155 is also available. This model was developed by the global gaming community platform Enjin and became a key model for Ethereum in 2019. Since it is only used for post-game, it supports tokens that do not are not identical to homogenized tokens. Since this is a good standard of success, the importance of business is more influential. It is possible to know the overall value of several tokens at the same time, which saves the chain's capital, and smart contracts can have personalized models. The sandbox, like string games, was developed by this model and has become a hotbed of racing games. The ERC1155 will also get more approval as the GameFi boom opens to new heights.

In addition to the popular NFT standards above, there are NFT models such as rental NFT standard ER809, batch transferable ERC875, insurance standard EIP1523, royalty EIP2981, etc. The NFT model applies to different situations and different populations. The channel will be in the future.

Is the Polkadot NFT model comparable to the popular NFT model?

The power of NFTs sweeps across a wide range of industries, with Ethereum's ERC721 currently being the best. Standard and developed for many years. China continues to grow and the awareness of visitors continues to grow. The ERC721 facilitates the distribution of products in stores. This does not mean that Polkadot's NFT model is unlikely to perform better. Polkadot founder Dr. As Gavin said, "No channel can do nothing." It is entirely possible for a team to implement another equally powerful and powerful feature. Other NFT models.

Like DNFT, we provide all internal services such as NFT design, storage, exchange, transport, management protocol, etc. by designing DataNFT, DataStorageWithTax, DataSwap, DAO management respect and Al-kit. Another example is Efinity created by Polkadot to address “interoperability, capacity, speed, security, privacy, enhancement and manageability” issues. Simply put, according to the new NFT standard for latecomers, there is room for improvement where subsequent visitors will have to spend more time viewing, practicing, and building popular apps one by one to accommodate NFT events. more complex and interesting. It is not designed to copy and follow the simple model of creating NFT tokens.