The Ternoa Blockchain has just unveiled the alpha version of its SecretNFT Marketplace, a platform entirely dedicated to non-fungible tokens (NFTs). The platform, which uses Ternoaâ€™s own CAPS token, comes with many features to promote its adoption among artists and lovers of NFTs.
Ternoa launches its NFT platform, SecretNFT
The Ternoa Blockchain has just unveiled the first version of its SecretNFT Marketplace, a new platform entirely dedicated to NFTs.
The NFT marketplace allows artists to issue authenticated digital artworks in a single edition. Ternoaâ€™s platform boasts a number of innovations, not least the so-called SecretNFT, a feature that makes artistsâ€™ works even more unique.
This platform represents the first full-scale test of the Ternoa Blockchain, with all NFTs present on SecretNFT Marketplace hosted on the Chaos Net, a Ternoa testnet. All works hosted on the SecretNFT Marketplace are therefore certified on the Ternoa blockchain to avoid any falsification.
Since the SecretNFT Marketplace ecosystem is powered by CAPS, Ternoaâ€™s native cryptocurrency, users will be able to purchase NFTs with CAPS as soon as the platform is open to the public.
To deploy this alpha version of the SecretNFT Marketplace, Ternoa partnered with 12 different artists, who forged a total of 26 NFTs on the platform. At the moment, the SecretNFT Marketplace is still in an experimental phase and many planned features yet to be added.
In total, the Ternoa team is working with 30 artists to continue enhancing the SecretNFT catalogue. New works of art will be added every 2 or 3 weeks on the platform. In the not too distant future, however, SecretNFT will be fully open to the public and any user will have the opportunity to forge their own NFTs there.
Lots of customization options
The SecretNFT Marketplace allows NFT-creators to customize their digital works using several features: â€œProtectâ€, â€œSecretâ€ and â€œBlurâ€. Of course, these features are optional, but they provide an opportunity for artists to personalize their work..
The Protect feature
With the â€œProtectâ€ function, each NFT can be accompanied by a watermark in order to protect its uniqueness. In this respect, only the owner of the NFT has access to the work as a whole, without a watermark. This feature offers SecretNFT Marketplace NFTs a new dimension dear to holders of unique non-fungible tokens.
The feature can be used in multiple ways. For one, it demonstrates in public that an NFT is genuinely unique and establishes who its owner is. For example, many museums plan in the near future to create exhibitions entirely dedicated to NFTs. They could present NFTs without watermarks to their visitors, which would bring a certain value to the exhibition, since the complete digital work would only be visible during the exhibition.
The Secret feature
By adding the â€œSecretâ€ option to their NFT, an artist can hide most or all of their work from view. Only the holder of the NFT will be able to see what is hidden under the proverbial hood of their work.
The Blur feature
Last but not least is the platformâ€™s â€œBlurâ€ function. Unsurprisingly, this feature allows the creator of an NFT to blur it from view . As with the other options, only the owner of the NFT will be able to see the work in its entirety.
Interactive with Ternoaâ€™s mobile wallet
To promote mass adoption of SecretNFT, Ternoa intends to develop an interaction between the platform and its mobile app. Today, very few if any NFT platform has its own smartphone app, even though this is a significant adoption vector that could allow many people to discover the exciting world of non-fungible tokens.
In a few weeks, the Ternoa ecosystem will launch its own mobile app, which will act as a hub for all Ternoa products, including the SecretNFT Marketplace. This application will also have its own wallet for CAPS, Ternoaâ€™s native token.
In this respect, CAPS token holders can directly interact with Ternoaâ€™s many applications through the app. In addition, a staking feature will be implemented once the final version of the wallet is deployed, allowing CAPS token holders to generate passive income on the funds they hold.
The app will also integrate features related to sending and receiving CAPS tokens, as MickaÃ«l Canu, CEO of Ternoa explains:
In conclusion, Ternoaâ€™s SecretNFT Marketplace has a lot to offer compared to existing NFT marketplaces. SecretNFT not only offers artists a chance to protect their works prior to purchase, but also to make the content of their NFTs exclusive to future owners. This could represent a great leap forward for the whole space.
SecretNFT innovation opens the doors to massive adoption of NFTs, whether for content creators, their fans, or even for businesses and collectors keen to take part in this new world that is still very much in its infancy.
The Ternoa project has a growing social media presence, with +11,500 followers on Twitter, +10,000 followers split between its English and French Telegram channels, and 5,000 followers in both English and French on Instagram.
This article is based on a translation from a French article originally published here
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.