ERC-404 Solves Nothing NFTs are changing

in LeoFinance2 months ago

Another NFT standard is floating around the EVM world.
It solves non of the problems with NFTs.

Why????

Because all the NFT standards use non-human readable data stored on chain and / or use a link saved to chain that "points" to an image somewhere else in the vast ether of cyberspace.

What is so bad???

Basically without a Layer 2 Dapp to understand this information. What do you own ???
Nothing that is what you own. Just a string of numbers and letters or a dead link.

So if it Solves nothing what do you purpose???

True Immutable Human Readable Digital Ownership. This is what I purpose.
Having the data of your NFT being Human Readable is what will give it value, next year and 100 years from now.

Don't believe me ?? All of crypto space is moving this direction. Does some random string of numbers have value or does simplegame.sol ?
What about a random IP address or google.com ??
Human give value to Human readable text. That is just the way we are wired.

So why haven't you done anything about this??

Well I have. I have worked with other devs and built out a true Immutable Human Readable Digital Ownership system.
Our system utilizes the amazing Hive.io blockchain to record all information.
Our API is built and our solution will be the backbone of our new games.
It is open for others to use.

If that is all. yawn! What else can it do ??

It doesn't force a standard on anyone using it.
It is open to modified, it also lets you update and modify NFT's after they are minted which has a bunch of use cases.

We are building our use case for Universal Items within Video Games on top of the system.
So you can join our Universal Items system or you can learn how to use our API's for your own use cases.

We also provide a marketplace system out of the box so you don't have to spend time building it.

Also we have no fees to join our marketplace.

We feel we will replace all the so called NFT systems.
and even if those systems have valid use cases. We invite them to come over and use our blockchain as a true database of truth for Human Readable Digital Ownership that should back everything in the future.

Yes this is an open call for anyone to come and learn.

Posted Using InLeo Alpha

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