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Gold
One platform for global traditional assets
Options
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Launch
CandyDrop
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What is the situation with Mina Protocol's NFT ecosystem? Many people are confused—Mina itself does not have native NFT standards support and relies on zkApps to issue and trade NFTs. Simply put, all NFT projects are built on the zero-knowledge application layer.
How are they issued? Mainly, developers build NFT contracts based on zkApps, fully utilizing the privacy features of zk-SNARKs to achieve private minting and transfer of NFTs. This is Mina's core advantage compared to other chains.
But this also brings a problem—there is no official unified NFT registry, and zkApps within the ecosystem operate independently. Want to count the total number of NFTs? You have to gather data from various third-party NFT projects, and without an authoritative real-time total, this has become a pain point for the ecosystem.
Currently, Mina's NFT projects are relatively niche, mainly focusing on lightweight and private transactions. Compared to major ecosystems like Ethereum and Solana, the total volume is still quite small. However, this focus on privacy might be the future opportunity.