😼 How to see cNFT?
TonTech has proposed a new standard: Compressed NFTs. The groundbreaking quality of this standard is that it allows creating collections of 100 000s or 1 million NFTs, at the cost of minting a single piece.
To make it easier: the blockchain records not each NFT separately, but only a "proof" that this specific NFT truly exists, has an owner, and belongs to a specific collection.
Compressed NFT (cNFT) is a standard that enables the creation of large collections, up to a billion items, without consuming a significant amount of time and coins for minting.
For instance, we are using this standard in our game Egg Fight Club. Our goal is to attract hundreds of thousands of players and distribute millions of NFT eggs.
If we were to distribute regular NFTs, it would cost hundreds of thousands of dollars. But with cNFTs, we only need ten. Players will still be able to trade and sell their eggs.
cNFTs can be listed for sale or sent to a friend. By doing so, they become regular NFTs.
We have already supported the new cNFT standard on Getgems, initiated several projects based on it, and are assisting others in adopting it!
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