What are Atomic NFTs?

'Normal' NFTs

The usual practice for creating an NFT is to mint the token on a blockchain like Ethereum, Solana, Cardano etc, and that token will then point to the asset stored elsewhere.

What most people commonly refer to as the NFT, either knowingly or unknowingly, is actually just the asset not the NFT itself.

If the asset is stored on a centralised cloud server this obviously poses a risk, as the asset could be deleted or edited and the NFT becomes essentially worthless.

This is why the most NFT projects are using Arweave's permanent storage via Akord to ensure their NFTs' assets are permanent and are never lost or tampered with.

Enter Atomic NFTs

As Arweave is a data storage network it can host both token, metadata and asset, taking the logical step of enabling Atomic NFTs that can hold contract and asset data together on one chain in one transaction.

In the words of the Arweave documentation on Github:

An Atomic NFT uses Arweave Transaction Meta Data to generate a Smart Contract and store a media file in a single transaction.

This unique standard makes a new type of NFT that is:

  • Eco-friendly (contracts are lazily executed, and proof of work is used minimally)

  • Contracts and media are intertwined and cannot be separated

  • Media and contract data use a common locator

  • Proofs of Real traffic provide attention rewards via Koii

  • Can be bridged to any blockchain network

If you have any questions on Atomic NFTs, you can hop into our Discord and ask the team.

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