The NFT industry is firing on all cylinders as more major brands are exploring digital collectibles. The latest franchise to embrace Non-Fungible Tokens is Star Was. Over 800 limited edition collectibles will be issued as NFTs with the help of StarColl.
The NFT Industry Continues To Grow
It is interesting to note the ongoing growth in the world of Non-Fungible Tokens or NFTs. What was initially considered to be a get-rich-quick scheme for aspiring artists is now becoming a global phenomenon. Digital collectibles on the blockchain are gaining momentum with the help of some top brands. Ever since NBA issued its Topshot collection through this technology, other brands are chomping at the bit to do the same.
Speaking of brands and franchises paying attention to NFTs, Star Wars collectibles are coming to the blockchain. With the help of StarColl, the goal is to bring over 800 limited edition collectibles on May the 4th, globally known as Star Wars Day. A physical item backs every NFT issued by StarColl from a major private Star Wars collection.
As a future StarCollNFT owner, collectors can have their name and NFT visible on the traveling exhibition of Starcoll. Owners who want to remain anonymous will have that option as well. All NFT owners will receive free lifetime access to the global traveling exhibition as a special and unique perk. For true Star Wars fans, that is an invaluable bonus.
Securing Star Wars NFTs On The Blockchain
To provide optimal security for these up-and-coming Star Wars collectibles, StarColl taps the QAN blockchain. With its focus on being Quantum-resistant, the blockchain provides a better solution than other public digital ledgers on the market. Quantum resistance will become an essential part of blockchain technology in the following years due to the advent of quantum computing.
QANplatform CTO Johann Polecsak adds:
NFT security is a neglected topic today. Nobody speaks about cybersecurity issues and pain points behind the NFT ecosystem. Source files of NFTs sold for thousands of dollars can be easily changed to memes by hackers. StarColl NFTs will be secured by the Quantum-resistant QAN blockchain, where metadata and ownership information is stored. ”
With its hybrid blockchain platform, QANplatform wants to provide options to developers and enterprises. Whether they want to run DeFi solutions or business processes, QANplatform aims to provide the fastest experience. Moreover, this technology can be deployed to cloud services such as Linode or Amazon AWS, creating a frictionless environment to explore new opportunities.
Whereas some people assumed the NFT craze would come and go very quickly, the opposite scenario is playing out. More and more franchises acknowledge the potential of issuing collectibles on the blockchain. More importantly, various blockchain ecosystems are competing for traction in this segment, which will prove healthy in the long run. By having the Star Wars franchise explore new frontiers to reach its customer base, a strong signal is sent to other franchises.
As more platforms compete for traction in the NFT space, it will be exciting to see if anyone can gain a dominant market position. Some brands may prove more popular than others, but it’s equally worthwhile to keep tabs on the different blockchain ecosystems. Broader accessibility to issuing and minting NFTs will create new market dynamics with global repercussions.