Platypus Finance Pioneers Unbiased NFT Minting on Avalanche

June 17, 2022 – Hong Kong, Hong Kong


NFT owners and traders alike have had their woes about NFT minting – it’s not a fair mint to begin with. Most projects’ minting method is off-chain, making it vulnerable to corruption and exploitation. Generated and stored NFT contents and metadata are off-chain, making them susceptible to data losses.

Platypus Finance is pioneering a solution to this controversial phenomenon in the Avalanche ecosystem. They are the first to have innovated an on-chain random generation minting method for NFT on Avalanche. This brought fairness, transparency and user safety to the process of minting NFTs.

On-chain random generation minting process

There are some NFTs that are more valuable than others. NFTs with DeFi utilities have an even greater advantage as the rarity of the minted NFT determines how much its owner will benefit from it. Without transparency and a true random generation, the process can be corrupted. Specific individuals will primarily benefit by minting the rarest NFT, leaving the public with the more common ones to mint.

Platypus Finance’s minting process embodies its values and priority – which is its very own…

Read more at dailyhodl.com

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