{"id":6834,"date":"2018-06-26T00:00:00","date_gmt":"2018-06-26T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/06\/26\/0xcert-the-first-protocol-for-non-fungible-tokens\/"},"modified":"2023-08-30T08:00:20","modified_gmt":"2023-08-30T08:00:20","slug":"0xcert-the-first-protocol-for-non-fungible-tokens","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/0xcert-the-first-protocol-for-non-fungible-tokens\/","title":{"rendered":"0xcert – The first protocol for non-fungible tokens"},"content":{"rendered":"

0xcert is a project created to support the future of digital assets through non-fungible tokens<\/strong> and will store, manage and verify university degrees, legal documents or real estate among others.<\/p>\n

The ERC 721 tokens, unlike ERC20<\/a> tokens, are non-fungible tokens<\/strong>. A non-fungible good is a good that can not be consumed with its use, is indivisible and can only be bought, exchanged or sold in the same state that was originated in.<\/p>\n

The well-known Cryptokitties<\/a> <\/strong>are a clear example of what a non-fungible token could be and that is why they are the basis of this standard.<\/p>\n

https:\/\/www.youtube.com\/watch?v=yptxQdD6Xbo<\/p>\n

The project will consist of two different types of tokens, ZXC (ERC-20) and the xcerts token (ERC721)<\/strong>, the first one will be used as a utility token like any other ERC20 token and the xcerts tokens will be non-fungible.<\/p>\n

The project has just completed the private sale and is preparing its pre-sale, which originally had been announced for June 26 to July 2 and has changed to July 2 to July 4.<\/p>\n

\u201cWe are convinced this is in the best interest of token buyers so that they have most the relevant information before the beginning of Public Presale. That means the short amount of patience we are asking you to exercise will be a huge benefit to all\u201d, <\/em>states 0xcert.<\/p>\n

0xcert’s users will be able to digitize their real life assets and convert it into a non-fungible xcerts token (ERC721) and manage it through a wallet without the need of third parties.<\/p>\n

Store, verify and manage through blockchain business cards, real estate, cars, works of art, certificates, collections of cards or titles, is now possible with 0xcert.<\/p>\n

\u201cInformation, once stored on blockchain, cannot be altered. As a result, people trust the information on blockchain. Simply put, what the internet was to communication, blockchain is to trust\u201d<\/em>, says Ginni Rometty, CEO of IBM.<\/p>\n

\"0xcert<\/p>\n

0xcert Token<\/h2>\n