Anon-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.NFTs can be used to represent items such as photos, videos, audio and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.
Oort Digital is a very appealing project which links game play with NFT. It has changed the traditional gameplay and took games to another new level. Oort Digital will be one of the places where you can play with your NFTs. You can pay, mine, store, borrow, lease, send, trade and play with your NFTs. Oort Digital solves three problems: valuation, interoperability and user experience.
Valuation The traditional DeFi market is robust as cryptocurrencies (fungible) are traded 24/7 in many places and you can get the most accurate price immediately. However, valuing NFT is difficult due to its unique characteristics.
Interoperability The non-transferable token (NFT) ecosystem consists of projects, each of which is essentially a closed universe with unique communities and cultures. This problem has led to a slow growth in NFT adoption.
User experience Decentralised applications are hard to access for most people who are not so technical. Mass adoption is happening and we need to ensure that users are not lost along the way.
Oort Digital is one of the first cryptocurrency projects to focus exclusively on building the entire GameFi ecosystem. The goal of the project is to create a super account for NFTs where they can play in a variety of ways with a seamless user experience in mind. Oort Digital is creating a decentralised marketplace for NFT data to document NFT transaction prices, interest and so on through NFT leasing, trading, collateral market to provide a benchmark for NFT pricing. Oort’s characters will be created with different clans. For each future collaboration, Oort will create a special clan. Furthermore, project-specific tools will be programmed into the heroes, and the heroes will be able to be introduced into different games.