Exploring NFTs on Tezos

Are you curious about non-fungible tokens (NFTs) and some of the latest projects on Tezos to improve and enhance the NFT architecture?

Gregory Rocco, Senior Project Manager at TQ Tezos, gave an overview of the landscape of NFTs and some exciting developments happening at the TQ product team, including the latest release of the tzNFT. He also offered the community an exclusive look at OpenMinter, an open-source project designed to “enable any user with any level of technical ability to create and manage NFTs” and, eventually, any other token type using the FA2 token standard.

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Session Notes

1:25

Rocco explains why Tezos is able to provide more abilities for NFTs.

2:08

Rocco introduces his background. 

3:00

Rocco talks about how tokens function as an on-chain transferable representation of particular rights or resources.

7:30

Rocco explains the importance of non-fungible tokens (NFTs) and its history.

16:08

Rocco mentions that the capability rollouts on Tezos are growing. For instance,TQ Tezos product team recently released tzNFT.

17:05

Rocco introduces Tezos OpenMinter and its tentative roadmap.

22:09

Audience Q&A Session:

Moderator Jacob Arluck asked Rocco questions from community members.

Q: Who are optimal users for OpenMinter?

24:45

Q: Do we have a secondary artist commission in OpenMinter today?

26:33

Q: What's the approximate (consensus+storage) cost of minting a single basic NFT with OpenMinter?

28:50

Q: Will the contract have split sales options?

30:05

Q: So if TEZ goes up, the price of minting does also?

34:50

Q: What are the main differences between the Tezos architecture for NFTs and other blockchains that have been created solely for NFTs (e.g. Dapper Labs Flow Blockchain)

42:10

Closing remarks

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The Birth of Tezos DeFi: Seeding the New Tezos Token Economy