Secret Network partners with OpenSea to introduce NFTs

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  • Secret Network has partnered with the world’s largest NFT marketplace OpenSea
  • In collaboration the protocol will roll out seven one of a kind NFTs as a single collection
  • Except the creators only the buyers of the art piece will be able to view the content
  • The auction of such unique artwork is expected by next month
  • Creators of the artwork will be allowed to grant full access of the NFTs

Secret Network has partnered with OpenSea to roll out one of the first built-in private features of NFT. Moreover, the digital collectibles collection will have access control features. In collaboration with the world’s biggest NFT market marketplace and a popular artist, the protocol is planning to auction seven unique Non-Fungible Tokens as a part of digital collectibles by next month. Notably, the collection will be the first NFTs of their kind in the upcoming auction. Moreover, the buyers exclusive content will only be visible to the hodlers of the crypto tokens. 

Secret Network offers multi-tiered experience

Secret Network will feature NFTs that has never been seen previously by anyone except its creators. Indeed, the first auction of such NFTs will be followed by a second and much larger collection. The collections will be available for purchase and mint to a general audience. According to Alexander Bercow, the art partnerships manager at OpenSea, the platform is thrilled to partner with the Secret Network. Ultimately, the collaboration aims to offer artists a multi-tiered experience to their collectors. Alexander further explained that private Non-Fungible Tokens provide a new type of solution to all kinds of creators.

First NFT supporting public and private content

According to Guy Zyskind, the founder of Enigma, core developers behind Secret Network, the team has spent a fair amount of time in preparing for the hero event. The team has secured IP for the greatest artistic creators to kick off the NFTs ecosystem and punctuate their such privacy-preserving technology. Indeed, that is the first blockchain to support such assets containing both public and private content. 

It is also worth noting that the NFTs were created on the ERC-721 and CosmWasm-721 token standards. Moreover, they share the typical characteristics of standard crypto tokens.

Creators can grant full access

Secret Network allows artists to choose who has full access to their content. For instance a creator can make a thumbnail or watermarked version of the piece providing an idea about the content to the public. However, the full resolution version of the art piece remains private, and interested individuals will have to purchase the piece to view the content.

On the other hand, the creators can choose to  embed their piece with secret commentary, or any original content that will remain unrevealed to the public. Indeed, with such ownerships, verifiable ownership of goods and experiences does not have to be public. The process of validation on the protocol occurs without compromising any private data. Such data includes proofs of authenticity and transfers.

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