The 0xcert NFT Spotlight Series is aimed at bringing to light the 50 shades of non-fungibility. From games to cards, and from protocols to supporting services, there is no shortage of uniqueness.
The fourth in a row of the Series is brought to you by Mokens and Haley Summers, one third of the founding trio.
📢 What are Mokens and who started it?
Mokens is a platform for all crypto asset enthusiasts valuing customization and a personal touch. Instead of just providing storage and ownership of crypto-collectibles on the blockchain, they go a step further and allow you to first design or upload a new asset from scratch, and then mint it or tokenize it as a moken on the Ethereum blockchain.
The platform's tokenization opportunities for everyone wanting to blockchainize their little precious are run by Nick Mudge, Haley Summers, and Brian Flynn, a trio breathing and living non-fungibility.
💪 What nut are they cracking?
Obviously, valuable assets can be just about anything, and why not tokenizing something that is truly yours, something of your own creation, something that hasn’t been seen before let alone used. Yes, everyone knows about CryptoKitties, but you could not influence their design that much. Mokens is allowing anyone to design and tokenize their assets, and put a piece of their personality, their hobbies and valuables on the blockchain.
What about CryptoKitties on Mokens? They can be composed to your non-fungible Moken, building an ERC-998 composable crypto-collectible.
🔧 How to mint your Moken?
The Mokens platform is where you upload your asset, give it an ID or a name. Using MetaMask and for a small fee, you mint the ERC-721-compliant non-fungible token on the Ethereum blockchain. From there, it’s all yours, you can decide to either keep it or trade it on exchanges, or compose it to one of your CryptoKitties.
⛓️ Mokens in action
The Mokens website is a pretty straightforward place, doing its job with no unnecessary fuzz. Right after the intro, you can leverage the Mokens minter to turn your asset into an NFT, entering information in just a few fields. Following is a list of all the minted mokens, and a click on them leads further to composing options. It’s really just a few-clicks solution to creating personalized NFTs.
When we got Haley Summers's reply, we were knocked off by her super-detailed answers to our fungible questions.
With such thorough perspectives and visionary minds involved in the NFT space, we shouldn't be worried about its future. Thumbs up, Haley!
1. What do you expect to see in 10-years time in the non-fungible field? The most creative answers count double.
In 10 years time, most of the crypto world is hoping to achieve a certain level of mass adoption. I think this is a loft goal, but a reasonable one we can achieve. In this future, I expect that non-fungible tokens will be the most common form of digital assets people interact with on a daily basis. NFTs have inherent value based off of their usefulness, not its store of value. Packaging and transmitting data in meaningful ways is where the NFT revolution will thrive, and the rest of society will thrive with it. However, I am also prepared for a world in 10 years time where the term non-fungible tokens only mean something to decentralists. The rest of the world will shake their head and call us cyber-punks as we continue building a better future for those who would choose to join us.
The term NFT and its surrounding language have to undergo a major transformation before a mass adoption takes places. More useful language will enable us to teach non-fungibles in a manner that is more quickly understood. I think thank language is the biggest obstacle we need to overcome in order to NFTs to be an integral part of blockchain technologies 10 years down the road.
2. In terms of other NFT projects, which one would you nominate for a Golden Globe and why?
CryptoRome! One, they are trying to reconstruct society virtually, and two, they just integrated an NFT horse from another game with shared attributes of speed in each game.
When we play games, whether it be in the physical world or the virtual world, we follow real-world constructs. CryptoRome has taken the idea of play and put in a historical society that mimics many of the same social constructs we encounter in the physical world. Making NFTs work in CryptoRome's mini-society shows us how these digital assets can be interacted with in real-world events. Integrating digital assets that retain their properties across platforms is exactly how real-world assets behave. CryptoRome is taking play seriously. And that is exactly why they get the NFT Golden Globe!
3. What would you rather have - your pet cat tokenized on the blockchain or a tangible, strokable 3D-version of your favorite crypto-asset?
Well, I already immortalized my PitBull on the blockchain when I minted Moken 1 - Brown Sugga The Pitbull.
Maybe I could upload some 3D interactions with my pup so that I could truly play with her! And then I would make my dog hang out with me in a virtual living room of Decentraland and then have my Pitbull protect me in CryptoRome when we are in a battle!
4. A CryptoKitty and an Axie enter the ring. Who wins?
I played college rugby, and I learned great players have what I call The 3 S's: Speed, Strength, and Smarts. So I must apply that logic to CryptoKitties and Axies. The sports breakdown for the average CryptoKittie or Axie would look like this, in my humble opinion:
Perceived Average Ability:
1 = low
2 = medium
3 = high
|CryptoKittie||2||1||3||6 of 9 points|
|Axie||1||3||1||5 of 9 points|
Based on this HARD science, I would conclude that the average CryptoKitty would win over the average Axie. But don't be fooled! The hard work Axies put into battles on their off-time makes them a formidable opponent against any naturally gifted CryptoKitty!
5. Finish the joke: “A Moken walks into a bar…”
...orders a drink, and takes a seat next to the Non-Fungible Token that has been giving flirtatious glances.
The Moken says, "I saw you giving me the 'top-down.'"
The NFT says, "'Bottom-Ups', 'Composable!"
This is my best shot at a joke about ERC-998, lol. Background here.
A big thank you to Hailey for such an extensive, smart, and funny contribution! The bar for non-fungible Q&A session has just been raised a bit higher.
Learn more about Mokens on:
For more perspectives on the NFT space and its future evolution, check out the other episodes of the NFT Spotlight Series:
NFT Spotlight #1 - Kette.io, protecting your NFTs
NFT Spotlight #2 - CryptoDecks, trackers of non-fungible values
NFT Spotlight #3 - KnownOrigin, the non-fungible art platform
NFT Spotlight #5 - OpenSea, customizable NFT marketplace
NFT Spotlight #6 - CryptoCarz, VR racing on the blockchain