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NFT Standard Protocol “NSTA-602”

NSTA-602 (NFT Standard Token Agreement) is a standard protocol that defines non-fungible tokens (NFTs) on the SIGMACHAIN network.
Using NSTA-602, it is possible to create and trade digital or physical assets as NFTs on the SIGMACHAIN mainnet.
With a fast speed of 300,000 transactions per second (TPS) and stability, the network can handle a large volume of NFT transactions without network congestion, and transactions can be conducted with low fees.

What is NFT?

A Non-Fungible Token (NFT) is a special type of token that represents unique assets. NFTs are tokens that can be used to represent ownership of unique items. This uniqueness of non-fungible tokens opens a new horizon for asset digitization because no one can modify ownership records or copy/paste new NFTs.

NFTs convert digital intangible content into assets. Therefore, digital creations have a certificate that can prove ownership of digital assets when digital photos, sound sources, games, etc. become NFTs. The owner of the digital asset, the name of the work, the name of the artist, and the link to the place where the work is stored are recorded in a digital ledger called the blockchain.

Features of NSTA-602

  • Safe security

    Provides high security through the Delegated Random Proof of Stake (DRPoS) consensus algorithm.

  • Fast transaction processing speed

    Even when generating multiple NFTs at once, the network speed does not slow down thanks to the world's fastest mainnet technology.

  • Systematic infrastructure

    Are you looking for innovative NFT services?
    NSTA-602 offers a secure and robust NFT infrastructure.

  • Proof of ownership

    NSTA-602 combines digital assets with SIGMACHAIN's unique mark using blockchain technology to prove ownership.

  • Global NFT Market

    NFT issuers can sell their NFTs anywhere and gain access to the global NFT marketplace.

  • Transparent History

    NSTA-602 is transparently managed through public records that can be easily verified by anyone through the Explorer.

NFT Market

The NFT marketplace on the SIGMACHAIN network supports diverse NFT transactions among users.
The marketplace provides optimized NFT solutions for companies that want to conduct market services among their DApps, ensuring transaction convenience, cost-effectiveness, and scalability.
Additionally, users can issue various types of content such as art, collectibles, music, games, licenses, etc., as NFTs and freely buy or sell them in their desired currency.