Rediscover the 5 top NFT projects

Today we will explore the technology behind 5 well-known NFT projects.

NFTs are not born equal and some of them are based on stronger technologies to guarantee ownership and persistence. Others are based on fragile and centralized technologies that could lead to the disappearance of NFT tokens. Today we will explore the technology behind 5 well-known NFT projects.

Rediscover the 5 top NFT projects

Have you ever wondered what the fate of an NFT would be if the organization that created it disappeared? To answer this question, you’ll need to look at the technology behind each of these projects.

If the resources behind an NFT (mainly the associated media and metadata) are stored on a blockchain and/or IPFS network, it will still be able to remain secure in the face of potential technical problems or malicious attacks.

However, if the NFT is stored on a centralized server, it may not last as long as the organization that created it and is more vulnerable to malicious attacks.

We have selected 5 different projects on OpenSea, the largest NFT marketplace, based on their technical capabilities and popularity. Take a look at the best NFT projects with relatively low risk for collectors

Avastar

Rediscover the 5 top NFT projects

Nifty Scanner Analysis analysis results):

  1. Media and metadata are stored on the blockchain
  2. Smart contracts are validated on the Etherscan block browser
  3. images and metadata are stored directly on the blockchain. there are a few projects in the NFT space that do this, and this is one of them.

Avastars are unique generative actors that evolve in the metaverse (metaverse). Each Avastar consists of 12 layers of high-quality artifacts (genes), which include: skin color, hair color, eye color, background color, scenery, ears, face, nose, mouth, facial characteristics, eyes and hair style. Each layer has a series of different characteristics, such as 78 types of hairstyles, and each Avastar is made up of different combinations of these genes.

Rediscover the 5 top NFT projects

As can be seen from Nifty Scanner’s technical analysis, Avastars is a very powerful project given the technology behind its NFT. Therefore, if the project disappears, or if its website is attacked and all servers are taken offline, your Avastar will continue to exist on its own and provide you with non-repudiation proof of ownership.

There are already more than 20,000 Avatars, and the corresponding 2,100 or so collectors. On average, the cost per Avatars is 0.58 ETH.

Rediscover the 5 top NFT projects

Art Blocks

Rediscover the 5 top NFT projects

Nifty Scanner Analysis analysis results:

  1. Media and metadata are stored on the blockchain

2, Smart contracts are validated on Etherscan block browser

  1. This is a rather interesting project, which enables the rapid creation of artworks in the browser through powerful generative scripts

Like the Avastars project, Art Blocks’ NFTs are generative in that they create virtual designs through computer code. Generative art is also known as algorithmic art. This project allows collectors to create tokens without knowing the outcome: the artwork is created on demand and the outcome is not revealed until after the purchase. The seeds and software needed to generate the designs exist on the Ether blockchain, so such NFTs cannot be changed. Each iteration is completely unique!

Rediscover the 5 top NFT projects

When creating an NFT, Art Blocks adds media and metadata to the blockchain. By adhering to these secure storage practices, not only is the irreplaceability of each NFT’s origin ensured, but also the durability of these collections.

StarView warmly reminds readers to check out their different collections through the OpenSea marketplace, the screenshots below are only a selection of the collections at the time of writing.

Rediscover the 5 top NFT projects

Hashmasks

Rediscover the 5 top NFT projects

Results of Nifty Scanner Analysis:

  1. Media and metadata are stored on the IPFS network

2, Smart contracts are verified on Etherscan block browser

3, Hashmasks is a good example of a team dedicated to proving its NFT origins.

Hashmasks was created based on over 70 artists and the corresponding 16,384 unique digital works. Each NFT has different characteristics: masks, eye color, objects, etc. Collectors get the opportunity to store them permanently on the blockchain: the smart contract allows buyers to register their names on the blockchain. With this feature, Hashmasks collectors can become part of the creative process behind the artwork.

By holding artwork, you accumulate NCT tokens every day, which allows you to choose a name for your digitized work on the ethereum blockchain. This is your chance to be one of the first to participate in one of the largest collaborative NFT art projects in existence.

The Hashmask project team hashes images and stores them on the IPFS network (a technology used as an alternative to HTTP, focusing on speed and security). Each image that is stored as a hashmask can be found here. They also have a Hashmasks metadata storage contract. By completing these steps, the project team provides the assurance that Hashmasks will always exist on the IPFS network.

To learn more about the technology behind Hashmasks, stay tuned for an upcoming StarView article tomorrow: Persistence in Hashmasks Artwork.

Joyworld Joys

Rediscover the 5 top NFT projects

Nifty Scanner Analysis results:

Media is stored on the IPFS network and metadata is stored on the blockchain

Smart contracts are validated on the Etherscan block browser

This is an interesting project where the metadata is stored directly on the blockchain

Rediscover the 5 top NFT projects

Joys are creatures within Joyworld, and each Joy is unique and can only be owned by a single collector at a time. According to the project’s creators, each collector “inherits the magic of JOY inspiration and represents a magical connection between artist and collector”. Even if we cannot prove the magic behind these NFTs, we can confidently say that the project is based on solid technical practices.

Projects like Avastars and Art Blocks are one of the best practices when it comes to ways to ensure ownership and persistence of NFTs. If storing all of these resources on the blockchain would take up too much space, then using the IPFS network is the best alternative.

There are currently 128 Joys, corresponding to 46 holders, and the average price of such NFTs is 9.72 ETH/each.

D’EVOLs

Rediscover the 5 top NFT projects

Results of Nifty Scanner Analysis.

  1. Media and metadata are stored on the IPFS network
  2. Smart contracts are validated on the Etherscan block browser

D’EVOLs recently had an amazing breakthrough and made it to the top 30 projects list on the OpenSea marketplace. Originally a traditional art form expression, the project’s creator decided to explore the NFT space and tokenize its artwork. d’EVOLs was inspired by the hip-hop background of its creator, who has worked with some of the biggest names in the American Rap world: Snoop Dogg, Future, Gucci Mane, etc.

The project has a solid technical foundation, with media and metadata stored on the IPFS network. D’EVOLs has a trust score of 80% on the Nifty Scanner analysis tool.

Currently this project has 51 objects and 32 holders, and the average price of NFT is 0.51 ETH.

The Starry View author has learned about some of the collections through the OpenSea marketplace, some screenshots are shown below.

Rediscover the 5 top NFT projects

Example of NFT project based on fragile technology

Rediscover the 5 top NFT projects

Nifty Scanner Analysis Analysis Results:

  1. The media is stored on the centralized server.

2, Smart contracts are not validated on Etherscan block browser

3, Trust score is only 30%.

Let’s look at examples of NFT projects that do not follow the best practices of the NFT industry. merriam Webster NFT is good in theory, but its technical application scheme is not. Ironically, this project clearly states that NFT proves ownership and authenticity, but unfortunately it has the opposite effect.

Its media resources are stored on centralized servers, which means that ownership is not guaranteed, and in addition the smart contracts are not verified on the Etherscan browser, making it difficult to verify authenticity. Therefore, the technical basis of this NFT is very fragile. The location of the data storage ultimately leads to a very different result – on one side is a digital artifact that can be passed down for generations, and on the other side is a broken link, so the NFT is a “skin will not survive, how can the hair be attached? .

Unfortunately, there are many NFT projects that do not follow the examples shown by those using powerful technologies. As related issues are gaining attention in the NFT community, we will hopefully see more and more projects following secure storage practices.

If you want to conduct such an NFT analysis on your own…

Rediscover the 5 top NFT projects

Help users determine where NFTs are stored with the Nifty Scanner analysis tool browser extension package, designed to help you discover where NFTs are actually stored on OpenSea. Check if NFT assets are really “decentralized”. Typically, several projects store NFT media and metadata on a centralized server controlled by the project team. When you purchase NFT, the team can change the media in question at will. It’s easy – just install the extension and access any NFT on Opensea, and you can immediately discover key details of the NFT without leaving the page.

Or if you plan to purchase NFT, you can download the free Nifty Scanner Analysis Tool browser extension package. It is available on the OpenSea Marketplace and will soon be compatible with other marketplaces. It is currently available in Chrome, Firefox, Opera, and Brave browsers.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/rediscover-the-5-top-nft-projects/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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