Nameless Is Near! - TokenSmart NFT Humpday Report #33

Welcome to the 33rd issue of the NFT Humpday Report, a weekly column covering and providing embedded analysis on the NFT economy’s biggest topics du jour. Brought to you by WIP meetup collaborators and nft42 community hub TokenSmart.

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The platform may be called nameless, but its name is one you’ll be hearing much more of going forward in the NFT ecosystem. Here’s why 🕵

What is nameless: Created by the on-chain NFT specialists at nft42, nameless is a full stack solution for NFT minting and publishing creator-themed marketplaces. 

Whether it’s via ERC-721 minting, gasless minting, a drag-and-drop store builder, or beyond, nameless aims to provide a one-stop hub for Web3 NFT innovators of all stripes. Moreover, the platform supports a range of file types, from videos to 3D files, the ability to edit NFTs via “Evolution NFTs,” and immediate secondary marketplace integrations with platforms like OpenSea and Rarible. 

The context: nameless is a considerably optimized evolution of InfiNFT, a minimum viable product (MVP) for an on-chain NFT minting platform that the nft42 team released as an alpha last summer. 

The project’s release event hosted inaugural auctions from 9 leading cryptoartists, including AlottaMoney, Ekaitza, Hackatao, and set the stage for the possibilities of giving creators the ability to mint through their own custom smart contracts (as opposed to OpenSea’s mutable Shared Storefront contract, for example) and with everything on-chain. 

As 2020 proceeded, the nft42 wizards began to extend the original InfiNFT vision toward the project’s current evolved form, a.k.a. nameless, which is now on pace to go public later this summer. Durable NFTs, how you want them. This is the way forward! 

Cross-chain support: With nameless, creators select the chain they want to mint from and it’s as easy as that. Over time the minting platform will offer support for many popular chains like Ethereum, Polygon, Flow, and more. 

Bundle support: Another novel aspect of nameless is that it allows users to easily bundle NFTs into folders, which is particularly useful for releasing things like music albums or digital books.

The Token Vending Machine: Another salient element of nameless is its token API system, which allows creators to publish custom-tailored Token Vending Machines, like the JOYtoy Machine.  

Extending ERC-721: The builders of nameless are also currently working on extending the utility of the ERC-721 standard for its users by developing new features like native on-purchase minting, native artist proofing, native batch minting, and more. 

Major early users: Some major creators have already trialed the nameless system ahead of the public. These prominent testers have included JOYtoys, NFT Boxes, VeeFriends, and Nyan Dogg. 

What’s next: nameless is just beginning, and the platform will be open to the public later this year. That’s a big deal, because right now OpenSea’s mutable Shared Storefront smart contract dominates the NFT minting scene. What’s really needed in this space is a custom contract system like nameless can be provide, so get ready, because the nameless release is going to see lots of activity in short order.

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Thanks for reading the 33rd NFT Humpday Report! Check back this time next week for more excellent NFT ecosystem coverage! Cheers 🌠