- Shiba Inus Layer-2 platform Shibarium checks the introduction of nnfts-native NFTS-which enable direct conversion between tokens and NFTs and can open up new applications in the areas of gaming, defi and digital property.
- The tokenization of real assets, such as government bonds and real estate, improves traditional finance through more liquidity, transparency and accessibility.
Shiba Inus Layer-2-scalability platform Shibarium reports reportedly native NFTS (NNFTS) that could set the next big trend in tokenization. A groundbreaking standard, NNFTS (native NFTS), is intended to revolutionize tokenization by enabling seamless conversion between tokens and NFTs. Inspired by ERC-404, this hybrid approach opens up innovative possibilities in the areas of gaming, decentralized finance (defi) and digital property.
Shiba Inu’s Shibarium wants to introduce nnfts?
The tokenization of assets will be a multi-billion dollar industry, and the Layer 2 platform from Shiba Inu could benefit from this trend by introducing native NFTS (NNFTS) on the platform. In the following are some of the most important Applications listed for native NFTS (nnfts).
- Gaming: Players can acquire assets in the form of tokens in the game, which can then be converted into NFTS in order to own and act, which creates new levels of engagement and monetization.
- DeFi: Liquidity positions based on NFTS can now be fractionated in tokens, which enables more flexible and more dynamic yield strategies.
- Collectibles & Staking: Assets can switch between fungal and non-fungal forms, which re-defines the way users interact and manage them with their digital investments.
This next evolutionary level of tokenization bridges the gap between flexibility and property and paves the way for a new era of digital asset management.
Shibarium and new developments
The Shiba Inu layer 2-scalability platform Shibarium has made some important progress. As CNF reported, Shibarium has reached an important milestone by exceeding 730 million transactions, which underlines its growing role at Shiba Inu.
Supported by a strong community, Shibarium continues to have remarkable 4.7 million transactions per day. This underlines the benefits and acceptance of Shibarium.
Shibarium has announced the introduction of an improved swap and bridge platform on Shib.io- CNF reported.
This improved platform combines the previous swap and bridge functions in a uniform interface and offers an optimized user experience. The upgrade is in line with the broader goal of Shibarium to expand its ecosystem beyond a single chain and to strengthen its commitment to innovation and user engagement.
RWA tokenization
RWA (real-world assets) such as raw materials, bonds, real estate, investment funds and stocks are important components of traditional financial system. However, they usually have the problem of limited liquidity and high transaction costs due to third parties who want to earn earn.
Tokenization offers a solution by converting property rights into digital tokens that are stored on a blockchain. This process improves liquidity, increases transparency and enables transactions to be processed quickly without intermediaries.
RWA are increasingly converted into tokens for various applications, including tokenized treasuries, real estate and debts. By distributing assets into smaller ownerships, tokenization expands the market access, so that small investors can also participate.