Avalanche Summit 2022 - The Perfect Mint - Smart contract, Metadata, and IPFS – what's the best and most secure formula
Speaker(s):
Ori Levi,
Shahaf Antwarg,
Harrison Seletsky
Held on:
22-03-2022
Written on:
22-03-2022
Current Problems with the NFT Landscape
- There is a right way to launch NFTs
- Mistakes result in lost value
Some exchanges take your NFT and put it in their contract. Some just ask for permissions
Stuff to watch out for
- IPFS,
Arweave,
Filecoin - decentralized storage
- Can be expensive to set up
- File capacity makes it very hard to have large graphics
- Hence pixelated graphics were popular
- JSON should always be open and readable
- Doxxed creators is good
- Understand both the technical and development perspective
- https://checkmynft.com to give you an overview of the strength of the asset (only on Ethereum for now)
Storing Metadata
Most decentralized way
- On chain metadata
- No singular owner can change the metadata
- If owner can change metadata as and when they like, its not that decentralized
- Limit deployer control without compromising integrity of the project
Minting an NFT without tech experience
Avoid
- Deploying to shared contracts
- ‘Lazy’ minting
- Centralized storage
- Lack of custody Listing on an off-chain marketplace
- Users should have maximum custody possible over their assets
NFTrade Solution
- Drag and drop
- The creator will have the sole control
- Batch minting
- Some tutorial on how to mint shown the video, seems to be on Ethereum