Solana (SOL) Migrating To New NFT Standard In Next 60 Days – U.Today
New asset class may likely become predominant standard
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Sharky.fi, an NFT lending protocol on Solana, has shared information on the migration to a new standard of NFTs.
As stated in a thread of tweets, Solana is migrating to “programmable NFTs,” or pNFTs. This refers to a new standard of NFTs introduced by Metaplex to help creators get their royalties back.
— Sharky 🦈 NFT-backed loans (@SharkyFi) January 25, 2023
1/ Solana is migrating to pNFTs – here is everything you need to know so all of us are kept up to date 🤝
⏩ Everyone in the space should care about this change 👀
Metaplex refers to the Solana-powered protocol that allows for the creation and minting of non-fungible tokens, auctions and visualizing NFTs in a standard way across wallets and applications.
The new asset class, “programmable NFTs,” will exist alongside “normal NFTs” and may likely become the predominant standard for royalty enforceme