0xcert is an open protocol for certified non-fungible tokens
0xcert is a protocol which has a unique opened original code for the tokens which cannot be interchangeable. These non-interchangeable tokens based on the platform Etherium and are gotten the classification ERC-721. The main mission of the project is to provide the developers of the safety platform with powerful tools and general agreements to managing the ERC-721 tokens.
It is widely known that the most widespread tokens are ERX-20 standards based on Etherium blockchain. These tokens of course, are interchangeable and these tokens owners are able to buy and sell them using different markets because their value directly depends on the market speculation and no one value these tokens cannot give to their owners.
There are also NFT tokens which are unique, for example, the game CryptoKitties, when only one kitty existed, which had an original label and it was the possibility to multiply these kitties. It is only one of the most successful examples, but really, the whole standard is a revolution, and a lot of businessmen are already introducing it in their businesses.
This standard first introduced in blockchain not only value or speculative interest, but also a unique information which can be saved either in the storage, or in your electronic wallet. But despite a lot of advantages, there are several problems exist. The first problem is the low speed of evolution, second one is no conventions and functional compatibility, the third is the dismissing of proved issuer’s registry, and the last problem is concluded in the limited decisions with original opened code and agnostic blockchains.
If we compare all data described above with 0xcert, we will see that it is a structure with list of rules on-and-off-chain for managing standard and certified unique tokens.
Third-party dapps sit on top of the protocol and can use the protocol tokens as a fuel for their service.
The main principles of the 0xcert are following:
- Connect and develop. It means that 0xcert is a reliable connection which supports a lot of business models. Because of this protocol, the blockchain complexity is eliminated. When using the API interface-off and SDK in Python, Ruby, NodeJS and Javascrypt will allow the developers to begin the blockchain applications creation immediately.
- The agreements of compatibility and standardizations of data. 0xcert protocol provides the agreements for the certificated immovable tokens emission for the unique actives.
- Decentralized verification registry through the curatorial registries. The team of developers offers the registry token to use the decentralized way for the NFT checking.
- The original code and blocking agnostic. 0xcert is a project with opened original code. Its first realization was built on the Etherium platform. But because of blocking agnostic nature of the protocol, it will follow the spreading on another blockchains. The protocol is able also to turn on the decentralized managing mechanism (DAO), which allows to vote for the further improvements.
The token of 0xcert called XCT, its standard is ERC-20. The company has already published the whitelist in May 2018. Its SoftCap is 5000 ETH, HardcCap is 20000 ETH, the price of one token is 0.0001 ETH
Everybody of users are interested in ICO are waiting the starting of the project to see all of its advantages themselves.
More information & recommendations:
0xcert Website https://0xcert.org/
0xcert Twitter https://www.twitter.com/0xcert
0xcert Telegram https://t.me/zeroxcert
0xcert Bitcointalk https://bitcointalk.org/index.php?topic=4434967
0xcert WhitePaper https://0xcert.org/whitepaper.pdf
My Telegram contact: t.me/AbyZaki
My Account BTT https://bitcointalk.org/profile;u=1096335
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I think everyone is waiting for this project ti be launced so that they can see the benifits of the project...
The principle you have mentioned like connection and development, decentralization etc are incredible...
Thanks for sharing..
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