Nuftu

@rainer_follador Rainer, what do you think of the environmental impacts of cryptoart and NFTs? It would be great to have insights from someone creating a product on this subject. I understand with the current infrastructure, proof of work, it is not a good thing to produce NFTs in scale, and making tools for everybody to participate, before providing suitable solutions, like more energy efficient Proof-of-Stake (PoS) networks. Recently I was reading Joanie Lemercier's article "The problem of (Ethereum) CryptoArt" https://joanielemercier.com/the-... and reviewing Clean NFTs platform (https://cleannfts.org) for learning more on this subject, how we will shape the future for crypto art without destroying our habitat.

@boraoztunc That's an important question. Personally, I'm an advocate of Eth2 (Ethereum's proof-of-stake protocol). Mainly because Ethereum is the most important and widely accepted block chain for NFTs and smart contracts in general; so this move will have a big impact. Furthermore, we're considering adding a CO2-offset option (e.g. using myclimate.com). What do you think about that?

@kyparus good points! Regarding decentralization: that's true, but it's an inherent problem of the ERC721 specification and the fact that it's too expensive to host data in the ETH chain, so virtually all NFT data is hosted in a centralized (or semicentralized for IPFS) fashion. So it's not particular for Nuftu. But it's definitely a problem that should be addressed. Regarding keys: Nuftu has Metamask integration if you want to use an existing wallet. So there we only get the public address, not the private key. Alternatively, Nuftu generates a new private key and displays it during the creation process. In this case it's the responsibility of the user to safely store the key. Nuftu discards the key and only stores the address. Let me hear your thoughts on this.

@kyparus 😂 always a good idea to check

@ken_moo thanks Ken!

@repreneur sure, hit me up at contact@nuftu.com

@ferdy_kwee1 curious know about this too - IPFS I assume...?

@ferdy_kwee1 It's hosted on a Nuftu server. We're considering offering the option to host data on IPFS, but this will occur a higher cost for minting plus hosting.