Source: thenewstack.io
Metadata Key to Unlocking NFT Utility
https://flur.ee/ Most discussions on NFT architectures tend to focus on bringing efficiency, cost-effectiveness and scalability to how the NFT tokens are minted and exchanged. But eventually, more discussions and analyses of metadata architecture are required to expand NFT utility.
By 2024, Gartner https://www.gartner.com/en/newsroom/press-releases/2021-10-19-gartner-unveils-top-predictions-for-it-organizations-and-users-in-2022-and-beyond that 50% of publicly listed companies will have some sort of NFT underpinning their brand or digital ecosystem presence.
In an NFT, the metadata is pointed to by a cryptographically uniform resource identifier (URI) referenced in the token.
The NFT token itself is immutable by design, but many applications can benefit when the metadata can evolve with guardrails.
By 2024, Gartner https://www.gartner.com/en/newsroom/press-releases/2021-10-19-gartner-unveils-top-predictions-for-it-organizations-and-users-in-2022-and-beyond that 50% of publicly listed companies will have some sort of NFT underpinning their brand or digital ecosystem presence.
In an NFT, the metadata is pointed to by a cryptographically uniform resource identifier (URI) referenced in the token.
The NFT token itself is immutable by design, but many applications can benefit when the metadata can evolve with guardrails.
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