Preface

What is NFT? NFT is an innovation, a proposition, and a kind of asset.

Correspondingly, Challenger Research(CR) has been thinking about a question, that is, which are the real NFTs? So far, there is no standard and complete answer.

But obviously, if it is just a picture published on blockchain using ERC721, ERC1155 or similar standards, it is still not a real NFT. With researches and statistics, most self-claimed NFT pictures or projects do not have token’s value attribute, but are full of plagiarism and frauds. Trade platforms who listed these fake “NFTs” are not responsible, and do harm to real NFT advocators, distort the public’s correct understanding towards NFT, and hinder the industry’s development.

The current NFT upsurge reminds us of the ICO mania. At that time, the market was crowded with scams, and a large number of worthless tokens were allocated to investors and finally returned to zero, causing huge losses to investors. This unhealthy situation should not reappear in the NFT industry. We should protect the real supporters of NFT.

Therefore, CR is trying to give suggestions to evaluate the basic characteristics of an NFT project from a non-technical level, which is qualitative rather than quantitative. The following standards are only for reference and discussion at present. At the same time, with the development of NFT, our understanding of NFT is also deepening. Most importantly, we continue to maintain an open and exploratory attitude.

10kuni.io’s NFT Evaluation Standards (Suggested)

A curated NFT project has the following characteristics.

Basic

Safety: The contract is open-source and subject to audit. NFT listed on the platform shall be subject to contract audit.

Value: It has unique artistic or practical value.

Innovation: The published items must be original and oppose plagiarism. At the same time, service and technological innovation are encouraged.

Community: It has a strong community with a unique community culture.

Respect: The founding team respects the community and recognizes its value and contribution.

Openness: Respect for multiculturalism with non discrimination in value.

Encouraged

A roadmap with clear and ongoing development plans.

Low creator fee, and suggest the project party to also lower creator fee. Excessive creator fee is drawing blood from supporters, which is detrimental to the healthy development of the community.

Decentralization, or there are plans and efforts for decentralization.

Financial transparency, open the use of funds obtained by minting and creator fees, and accept community supervision.

Open and transparent founder or founding team’s identity, or the identity has gained community trust.

Optional

CC0, grant commercial copyright to the community.

Provide community support funds.

Cooperate with other NFT projects.

Additional

For purely community-driven projects (which means that such NFTs may not have a centralized development team), we should also strongly encourage and accept them.

The above set of evaluation standards is an exposure draft, and more participants are welcome to explore NFT with us.

About Challenger Research (CR)

CR is a loose but united, non-profit organization composed of Web3 industry researchers. The core value of the organization is to challenge people’s cognition of Web3 and release the powerful potential of the Web3 world. Web3 is constantly evolving (not progressing, but evolving). CR think that most people’s understanding of Web3 is not accurate and complete at present, and industry researchers need to continuously conduct in-depth research and update the public’s understanding. Its organization name “Challenger” comes from the wrecked US space shuttle “Challenger”. Although Web3’s world exploration is full of failure possibility, CR is still willing to be a pioneer. CR does not deliberately pursue anonymity, but it still will not disclose the organization members, their work and research. New researchers can join CR publicly or anonymously, and we also accept contributions in various forms. CR will conduct some interesting experiments later. For example, when ERC721QS-3 or QS-X contract is adopted, we will generate CR-SBT to verify the researcher’s identity, and determine the researcher’s proposal and qualification to participate in possible meetings.

Temporary contact: 5660.eth

Search 5660.eth on Blockscan Chat and start the conversation

chat.blockscan.com

Know about our recent experiment projects and more details to be disclosed:

10kuni.eth.limo

Preface

What is NFT? NFT is an innovation, a proposition, and a kind of asset.

Correspondingly, Challenger Research(CR) has been thinking about a question, that is, which are the real NFTs? So far, there is no standard and complete answer.

But obviously, if it is just a picture published on blockchain using ERC721, ERC1155 or similar standards, it is still not a real NFT. With researches and statistics, most self-claimed NFT pictures or projects do not have token’s value attribute, but are full of plagiarism and frauds. Trade platforms who listed these fake “NFTs” are not responsible, and do harm to real NFT advocators, distort the public’s correct understanding towards NFT, and hinder the industry’s development.

The current NFT upsurge reminds us of the ICO mania. At that time, the market was crowded with scams, and a large number of worthless tokens were allocated to investors and finally returned to zero, causing huge losses to investors. This unhealthy situation should not reappear in the NFT industry. We should protect the real supporters of NFT.

Therefore, CR is trying to give suggestions to evaluate the basic characteristics of an NFT project from a non-technical level, which is qualitative rather than quantitative. The following standards are only for reference and discussion at present. At the same time, with the development of NFT, our understanding of NFT is also deepening. Most importantly, we continue to maintain an open and exploratory attitude.

10kuni.io’s NFT Evaluation Standards (Suggested)

A curated NFT project has the following characteristics.

Basic

Safety: The contract is open-source and subject to audit. NFT listed on the platform shall be subject to contract audit.

Value: It has unique artistic or practical value.

Innovation: The published items must be original and oppose plagiarism. At the same time, service and technological innovation are encouraged.

Community: It has a strong community with a unique community culture.

Respect: The founding team respects the community and recognizes its value and contribution.

Openness: Respect for multiculturalism with non discrimination in value.

Encouraged

A roadmap with clear and ongoing development plans.

Low creator fee, and suggest the project party to also lower creator fee. Excessive creator fee is drawing blood from supporters, which is detrimental to the healthy development of the community.

Decentralization, or there are plans and efforts for decentralization.

Financial transparency, open the use of funds obtained by minting and creator fees, and accept community supervision.

Open and transparent founder or founding team’s identity, or the identity has gained community trust.

Optional

CC0, grant commercial copyright to the community.

Provide community support funds.

Cooperate with other NFT projects.

Additional

For purely community-driven projects (which means that such NFTs may not have a centralized development team), we should also strongly encourage and accept them.

The above set of evaluation standards is an exposure draft, and more participants are welcome to explore NFT with us.

About Challenger Research (CR)

CR is a loose but united, non-profit organization composed of Web3 industry researchers. The core value of the organization is to challenge people’s cognition of Web3 and release the powerful potential of the Web3 world. Web3 is constantly evolving (not progressing, but evolving). CR think that most people’s understanding of Web3 is not accurate and complete at present, and industry researchers need to continuously conduct in-depth research and update the public’s understanding. Its organization name “Challenger” comes from the wrecked US space shuttle “Challenger”. Although Web3’s world exploration is full of failure possibility, CR is still willing to be a pioneer. CR does not deliberately pursue anonymity, but it still will not disclose the organization members, their work and research. New researchers can join CR publicly or anonymously, and we also accept contributions in various forms. CR will conduct some interesting experiments later. For example, when ERC721QS-3 or QS-X contract is adopted, we will generate CR-SBT to verify the researcher’s identity, and determine the researcher’s proposal and qualification to participate in possible meetings.

Temporary contact: 5660.eth

Search 5660.eth on Blockscan Chat and start the conversation

chat.blockscan.com

Know about our recent experiment projects and more details to be disclosed:

10kuni.eth.limo