The possible uses cases for unique tokens is almost endless. We have several that are already implemented and more that we have thought about and working on. But more importantly, it’s the ones we didn’t think about that are most exciting: our platform is open to everyone and we expect innovative ideas to be implemented on top of our platform, especially since it abstracts away all blockchain related complexity.
As founders of Open Collectors Network, we consider ourselves as get-your-hands-dirty programmers at heart. We love a good technical challenge and since the beginning of 2017 we’ve started looking into blockchain tech. How the different proof-of-X work, all the hashes out there and the special structures, like IOTA & Raiblocks.
The more read about the blockchain, the more we saw the beauty in it, and we knew that’s what we wanted to do from then on. But at some point, it hit us: all the coins out there were just currency, and like money, they’re fungible. Whereas in our daily jobs, writing code was all about working with things that are non-fungible: like the list of company products, users, roles, services and so on. The list of possible use-cases for unique tokens is virtually endless: the entire IT industry depends on it, and if they converted to the blockchain, they’d get all the benefits decentralization brings: security, transparency, trust and the ease of attaching monetary value to something (virtual currency).
With this in mind, we started investigating what exists out there and it seems not a lot. Just a newly created Ethereum standard (ERC721, with a couple of other ERC proposals). So that’s our vision: to create a decentralized open platform, based on existing standards, for non-fungible tokens, all the while making it easy for the IT industry to join the blockchain revolution.
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