Security has become a major issue these days in the world of NFT (Non-Fungible Token). Especially when hacked on large NFT platforms like Opensea, in which millions of dollars NFT was stolen. The world of Crypto and NFT is steadily increasing, but with this the challenges related to security are increasing. Hack on a large NFT marketplace like Opensea once again showed how important users’ safety and trusts are in the web3 length. At such a time, platforms like Mintable are a commendable initiative to take the step of safety of users.
Mintable: Further in both innovation and security
MINTABLE is a leading NFT platform that has made features such as gasless mining (making NFT without transaction fees), batch mining (simultaneously making several NFTs) and NFT purchase with credit cards. Now Mintable’s CEO Zach Burks believes that the time has come to take another big step towards security.
Through this new effort, Mintable is showing that he wants to create a safe and trusted community, not just an NFT market. Due to strengthening security Mintable NFT demand increased and in trend It is also made.
Role of Opensea Hack and Mintable
The incident of Opensea Hack shook the entire web3 and NFT population. NFT of about $ 1 million (about ₹ 8.3 crore) was stolen in this hack. However, Mintable has recovered 3 of these NFT and is now preparing to return them to their real owners. This incident showed that in the NFT market, it is necessary to give priority not only innovation, but also security.
Mintable has first approached the community of Azuki Challenge in this case, to identify the real owners of these NFTs. After this Mintable wants to create an open communication channel, so that NFT can be protected from such incidents in future.
Security and Trust: Mintable’s new initiative
There is a lot of concern about security in NFT length. Many times there are complaints of cases like fake listing and copyright violations. MINTABLE is now providing the facility of “verified collection”, which has made it easier to identify the famous creators and their original NFT.
Despite this, the verification system of the platform is not very strict at the moment, so buyers must do their own research before purchasing NFT.
Safe future for NFT Community
The world of NFT is not just technical, but also on community and trust. Mintable’s recent step is proof that it is ahead not only in technical innovation, but also in the safety of users. This will provide a safe environment to NFT buyers and holders, where they can create and buy NFT without any fear.
Mintable: Leader in Technology and Facility
Mintable NFT Market is the platform that has offered many big facilities in NFT Business, such as:
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Gasless Minting: NFT without gas fees
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Accumulation Minting: Facility to mint several NFTs simultaneously
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Credit card purchase: So that normal users can also buy NFT
Now the company’s CEO Zach burks believe that only technology innovation is not enough, it is also necessary to create a safe environment for users. If you Detail of Mintable NFT If you want to know, then you can know by going to this link.
Security and Trust: Big challenge, but necessary
Security has always been a major issue in NFT Marketplace. Many users have expressed concern over fake listing and copyright violations. So far the verification process on Mintable has not been very strict, which keeps the possibilities of fraud. Therefore, the platform has now introduced the Verified Collections features, making it easier to identify the NFT of famous creators.
However, Mintable still advises users themselves to do “Due Diligence”. Be sure to check its authenticity before purchasing any NFT.
Mintable message for NFT Population
The success of NFT depends not only on technical aspects, but on a strong and safe community. This latest step of Mintable is a strong gesture in the direction that the company wants to make a trusted ecosystem, not just a platform to sell or make NFT. Mintable believes that if users are given a reliable environment, then both their participation and trust in the NFT sector will increase. This will benefit the world of the entire web3 and digital collections.
Conclusion
Opensea Hack has warned the NFT sector that security cannot be ignored. Mintable’s active stance and steps taken in the interest of users show that NFT platforms will now have to give assurance of not just facilities, but also security. This initiative of Mintable is a positive sign for NFT population.
If you are thinking of buying NFT, then do not just features, give priority to security as well. Facilities like Verified Collections and Recovery Initiatives are a major step in this direction on platforms like Mintable.
In the world of NFT, trust is the biggest currency and Mintable understands it.
