Last Update
Jun 25, 2018
0xcert is an open-source permissionless protocol for non-fungible tokens on the blockchain. These tokens are stored in cryptographic wallets and are owned by users. In addition to various common functions for transferring and managing standard non-fungible tokens, the 0xcert protocol provides an additional layer of conventions for creating non-fungible tokens from unique assets. These tokens are called Xcerts and are created through a custom minting process. Xcerts represent standard non-fungible tokens, which also hold an imprint of an asset. With 0xcert protocol, we can further validate proof of existence, authenticity, and ownership of these assets without third-party involvement. The first implementation of the 0xcert protocol is focusing on the Ethereum blockchain. The 0xcert protocol is designed to be blockchain agnostic, and supports building on other blockchains as well.
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Verified 14%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
OXCERT PROTOCOL is an open protocol built to support the future of digital assets powered by the non-fungible tokens.
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The platform use through blockchain technology enables users to securely store their certificates eliminating any associated loss through hacking. This makes the project viable and hence I would highly invest in it.
0xcert is creating a protocol and a platform dealing with non-fungible ERC-721 tokens which will allow developers to create brand new apps for storing and managing real life assets, such as variety of documents, pieces of art, personal IDs, certificates, etc. What is important, the tokens are standardized and certified. This will ensure interoperability among applications. The idea is great, but we have some doubts their young team is capable of implementing such a difficult project. At the same time we consider the hard cap which is low ( less than $10 million) and future perspectives of the project that will be really positive if the team manages to make a good product.
0xcert is one of the pioneers dealing with non-fungible tokens. No doubts this blockchain branch and the DApps build on top of it will be highly demanded. So keep an eye on 0xcert.
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