dCOLLECT: ASPEN LAB COLLECTOR’S ITEM
AspenLab is a dapp development blockchain project doing Layer-2 protocols to enable a higher degree of user accessibility to financial options.
Aspen Lab mission is on a three year roll out of applications that build upon each other. dCollect is one of them. The (arguably) first on the Ethereum Blockchain, this is a Decentralized App or just dapp for NFTs (non-fungible tokens), which is a zero fee NFT marketplace or portal that will allow users to earn Aspen tokens passively with their dCOLLECT NFT collectibles while staking and trading of Historical NFTs like the American Revolution and live blockchain based auctions of other artist's digital creations. dCOLLECT will ostensively merge an ERC-1155 receiver contract with a forked staking contract to create the ability for users to deposit NFTs and have them linked to their wallets giving them 100% control over the digital asset. These NFTs are very rare and non ubiquitous and as their worth pumps, the owner takes a share of the one million Aspen tokens forked over from the AspenLab Foundation purse.
What is an NFT?
A non-fungible token (NFT) is a unit of data stored on the blockchain, trustlessly certifying a digital asset to be unique and therefore not interchangeable, thus non-fungible . They 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.
Collectibles are going digital, using non-fungible tokens (NFTs). These are digital assets — they can take forms such as photographs, music or video clips. Although people may be able to copy an item, ownership of the original is encrypted and cannot be changed unless it is sold and the property is officially transferred to a new owner.
How to determine an NFT 'stakeability'?
The best way to know if an NFT is stakeable is to only purchase from official sites like Aspen Labs when your intention is to stake them. Another method to know the stakeability of an NFT is by using nfthive, sorting by "Aether", and adding a filter to help identify the NFT in question. HOWEVER, there seem to be some NFTs that ARE NOT STAKEABLE, however will show up on both nfthive AND rplanet as stakeable, but when you try to stake it, it won't and feeds you an "abort()" error. Not sure why this bug exists or if they even plan on fixing it, but it's just another reason to stay away from non official stakeables IF your intention is to stake them.
In the roadmap ,it would be followed up by a De-FI product known as Hypersphere which is a 4-dimensional mathematical object conceptualized by Dr. Samuel Buss, a Computer Scientist. This application would allow universal interpolation of digital assets and non-custodial interest earnings for users. Also waiting in the wings is dLEND, which is social financing via on-chain interactions at low interest rates that would be the next dapp from the stables of AspenLab. This would permit global access to low-interest capital for user's education or home ownership.
ABOUT THE AUTHOR
Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur.
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