This week’s guest is Cardano NFT columns is one of Cardano’s most used NFT store works hard to support creators and build great solutions for users: jpg.store.
previous guest was Above all, a DID (Decentralized Identity) solution to help validate NFT projects.
This initiative Cardano NFTs Invite someone every week or two to answer a few questions. Update directly from within the Cardano community.
Considering that many of our readers are new to the crypto space, we A combination of simple and technical questions.
Cardano NFT Project: jpg.store
Hey, I’m glad you’re here.tell us about your team
The team initially started with four team members who were friends from the same area.grew up to Over 30 people spread across 5 continents and 10+ countries! Most of the team was brought in from within the Cardano community.
Tell us the story of jpg.store. How did this idea come about and what was his experience building his NFT marketplace on Cardano and was there anything complicated with the EUTXO model?
our overall purpose is Support creators and empower the world with the power of NFTs in short We keep our finger on the pulse. we simply focused on the true Empathize with the needs of creators and usersThen, based on our community’s valuable feedback, we built the best experiences we’d love to use ourselves.
Thank you, everyone. We absolutely pay attention, so blow us away with your dream ideas!
Admittedly, this may seem simplistic…but it was quite a “late” entry after other marketplaces had already gained considerable momentum dangerous and daringNevertheless, all it took to claim the number one NFT throne on Cardano was: Committed to the immense empathy and passion we embody to support the entire NFT spaceWe think people will love it if you really look at them and listen to their needs, so we will always listen to you.
now touching Building with eUTxO and Cardano.
yes, Bitcoin and Ethereum are currently top dogsand love them for revitalizing this decentralized world we build with passion. actually of best solution for years?
They did the best with what was available at the time.However Cardano understood that blockchain knowledge was advancing at the speed of light And there existed new ways to innovate and advance in this field.
Instead of copying what worked in the past, Cardano reimagined what technology would be like if built from scratch todaywhile maintaining rapid upgrade eternally. Incorporating all the lessons from the past, aiming for the future hundreds of years later, Collecting all the brightest minds the world of academia and science had to offer.
This philosophy and privilege of learning from our predecessors has led to innovations such as: eUTxO and Proof of Stake Among other major advances. This new Cardano design is Potential of NFTs And for an exciting future, JPG grows together.
As with all new advanced technology there was definitely a learning curve, but that’s okay. Learn how to code with eUTxO Understand how to create better user experiences. All this has been carefully considered, but the payoff is well worth it!
Cardano NFTs now work in ways other chains can only dream ofHere are just a few examples of our innovations to date:
- You can do it Send dozens of different tokens and NFTs in one affordable transaction In seconds instead of one asset per transaction.
- There is a need to Send multiple assets to hundreds of people? I can do it in one transaction Just like!
- Cardano NFTs is an “inherent asset”.That is, they No smart contract required Run.this Enhanced security Keep your rates predictable.
All of this comes standard to all Cardano users, with no possibility of being charged for failed sends.these are All challenges overcome in using this new architecture have meaningful benefits and value.
Now let’s connect everything with a real example. Employers using Cardano can instantly distribute all salaries to thousands of employees in hundreds of global currencies with her single transaction. Musicians with a Cardano NFT collection can send all fan thank you NFTs, new song releases and exclusive album art in one quick sendAnd even governments may one day send stimulus checks to every citizen that instantly appears in their wallets. Instead of giving trillions of dollars to a single company with trickle-down economics, boost the economy efficiently from the people.
This is something powerful that no other chain can imitate from Cardano. Our eUTxO architecture is different down to the core of its “DNA” and will be a game changer for the entire NFT industry.
What is the story behind your name? Why are so many people skeptical of this technology and what can be done to change this?
it refers to The “outsider” idea that NFTs are just JPGsOur branding has always been playful and friendly Because we want you to enjoy the world of NFT.
Many people distrust cryptocurrencies and NFTs, but lack knowledge on these topics.We are actively posting to help clarify this issue Educational content and guides all new entrants Have a positive experience and easily understand misconceptions about NFTs and cryptocurrencies in general.
Congratulations on being Cardano’s #1 NFT marketplace per volume. What’s the future? Where will jpg.store be in 1, 5, 10 years from now?
thank you very much!we Envision a wonderful future for jpg.store We hope to contribute significantly to the growth of NFTs and the crypto space.
Within a year, we hope to solidify our position as a player on the same level as the Solana and Ethereum marketplaces.
By year 5, we want to be the world’s largest NFT marketplaceto support the creators’ NFT journeys and introduce Cardano and its amazing vision to the masses.
We want to keep this place ten years from now.bringing the world’s largest companies into the NFT/crypto space.
Thank you very much. What’s your last word? Where can people stay in touch?
we want Thank you to everyone who supported us from day one. I shared a JPG at the start.evolution and transition to Market using smart contracts It wouldn’t have been possible without each and every one of you.
Disclaimer: The opinions and views of those interviewed are their own and do not necessarily reflect those of the Cardano Foundation or the IOG. Additionally, this content is for educational purposes and does not constitute financial advice.