About NFTs on Kaspa

NFTs (Non-Fungible Tokens) on Kaspa are unique digital collectibles inscribed directly on the blockchain.

What are NFTs?

Non-Fungible Tokens:

  • Unique digital assets

  • Each NFT is one-of-a-kind

  • Inscribed on Kaspa blockchain

  • Provable ownership and scarcity

Like:

  • Digital art

  • Collectible cards

  • Unique items

  • Profile pictures (PFPs)

Unlike KRC20:

  • NFTs are unique (non-fungible)

  • KRC20 tokens are identical (fungible)

  • Each NFT has individual properties

How Kaspa NFTs Work

Inscription-Based NFTs use Kaspa's inscription protocol:

  • Image/metadata inscribed on-chain

  • Permanent and immutable

  • No external storage needed

  • True ownership

On-Chain Storage Everything lives on Kaspa blockchain:

  • Image data

  • Metadata (name, description, traits)

  • Ownership record

  • Transaction history

NFT Collections

What is a Collection?

  • Group of related NFTs

  • Common theme or artwork

  • Often limited supply

  • Created by single artist/team

Collection Info:

  • Total supply

  • Floor price

  • Volume traded

  • Creator/deployer

Viewing NFTs

In Kasanova:

  • NFTs section shows your collection

  • Grid or list view

  • Tap to view details

  • See full image and metadata

NFT Details:

  • Collection name

  • NFT number (#123 of 1000)

  • Traits/attributes

  • Current value estimate

  • Acquisition date

NFT Value

What determines value:

  • Rarity - Unique traits

  • Collection - Popular collections

  • Artist - Known creators

  • Demand - Market interest

  • Aesthetics - Visual appeal

Market Dynamics:

  • Floor price (cheapest NFT in collection)

  • Rare traits command premium

  • Volume indicates activity

  • Speculation and hype

Use Cases

Profile Pictures (PFPs)

  • Use as social media avatar

  • Show off rarity

  • Community membership

  • Status symbol

Art Collection

  • Digital art ownership

  • Support artists

  • Long-term appreciation

  • Personal enjoyment

Trading/Speculation

  • Buy low, sell high

  • Flip rare NFTs

  • Collection completion

  • Market timing

NFTs in Kasanova

Integrated Experience:

  • Browse marketplace

  • Purchase directly

  • View your collection

  • Transfer or sell

  • All in wallet

Security:

  • Same client-side privacy

  • Biometric for all actions

  • Your keys, your NFTs

  • No custodial risk

Next Steps

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