Project Background
According to NFTScan data statistics, in the past 4 years, more than 2 billion NFT assets have been issued on mainstream blockchain networks, and the current global NFT market value is at the level of hundreds of billions of US dollars.
Currently, 4,000 to 6,000 NFT projects are issued on the blockchain every day, and approximately 5 million new NFT assets are added every day. As the most active crypto asset class on the blockchain, NFT is booming.
Compared with homogeneous token assets, NFT has better scalability and programmability. The Metadata of NFT assets can carry more information and data on the chain, which greatly enriches the decentralized data in the blockchain ledger, makes the block space more usable, and can create more effective value on the chain.