Compressed NFTs represent non-fungible tokens that use advanced data storage techniques to reduce their on-chain footprint and associated transaction costs. Instead of storing all metadata directly on the blockchain, only a cryptographic proof or reference is kept, with the actual data stored off-chain. This method significantly lowers minting and transfer fees, making large-scale NFT distributions more economically viable. It aims to broaden accessibility and utility for digital collectibles.
Context
Discussions around compressed NFTs often highlight their potential to scale digital asset markets, particularly for applications requiring many tokens like gaming or loyalty programs. News reports address the trade-offs between full on-chain storage and the cost efficiencies of compression. The security and immutability of off-chain data storage solutions remain a central point of consideration.
The new SDK abstracts wallet complexity and leverages Compressed NFTs, creating a scalable, low-friction primitive for the next wave of consumer dApps.
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