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ATOMIC NFTS

Your own NFTs start from here ›

Home General definition of an atomic NFT How to deploy an Atomic NFT:
 * What is Arweave?
 * What is Smartweave?
 * How to get AR
 * Deploy an Atomic NFT
 * Tags explanation
 * After Deployment

Features of an Atomic NFT:
 * Balance (required)
 * Transfer (required)
 * Dynamic (optional)
 * Bridging Support (optional)

Owning and Storing Atomic NFTs:
 * Key Security
 * Using a Wallet
 * The Finnie Wallet

©Koi Labs Inc. 2022. All rights reserved.


WHAT IS AN ATOMIC NFT?

Atomic NFTs are a fundamental part of the permaweb. When an Atomic NFT is
created, the media file, smart contract, and metadata are fused together to form
a unique and universally identifiable digital asset stored permanently on a
decentralized storage network. These characteristics set Atomic NFTs apart from
traditional, non-standardized NFTs.


HOW ARE ATOMIC NFTS DIFFERENT FROM OTHER NFTS?

NFTs are an essential element of web3 technology, making it possible for anyone
to own a piece of the internet. However, the term NFT or “Non-Fungible Token”
can mislead people into thinking that any NFT is one with the represented media
file stored on-chain. It’s not. When you purchase a traditional image-based NFT,
a blockchain token is sent to your wallet. However, the token in your wallet
does not contain the media file. Instead, the token points to an image stored in
another location on the internet, leaving you holding a cryptographic token that
represents ownership of an untethered media file that exists somewhere (likely
not on a blockchain).

This has and will continue to lead to problems for traditional NFTs. For
example, if the server that holds a media file goes down, so does the media
represented by the NFT, leaving the owner holding a token that points to
nothing. Alternatively, someone could switch out the original image file for
another image, forcing the NFT “token” to point to the new photo. In one recent
example, an artist named “neitherconfirm” changed the media files referenced by
26 of his NFTs to stock images of rugs. The artist later commented, “All
discussions about the value of NFTs are meaningless as long as the token is not
inseparable from the artwork itself.”

The Atomic NFT standard makes the scenarios mentioned above impossible by
combining all of the elements that make up an NFT into one unique digital asset.
The result is an Atomic NFT that accurately represents the media file and token
as one inseparable item. This means that Atomic NFTs cannot be rug-pulled,
deleted, censored, or re-routed. Once they are created, Atomic NFTs persist as
immutable digital artifacts that can be traded, sold, and appreciated without
the limitations imposed by time and decay.


BEYOND ATOMIC NFTS

By combining the media, metadata, and smart contract into a self-contained piece
of software that persists immutably on a blockchain, a new kind of programmable
digital entity has been created. With just a few lines of embedded JavaScript,
an Atomic NFT can check its smart contract state and update itself each time a
new record (e.g. amount of traffic tracked) is uploaded. Although these altered
states may be permanent or fluid, the NFT itself remains immutable while
reflecting the dynamic attributes programmed by its creator. To see an example
of this kind of dynamic Atomic NFT in action, take a look at DKleine’s Atomic
Zombies.

The many advantages Atomic NFTs have over traditional first-generation NFTs make
them an ideal foundation for the decentralized web. By making secure individual
ownership of each piece of web3 possible, they become much more than simply a
superior NFT. While we are still exploring the potential use cases for this
exciting new technology, we would love to hear your ideas. If you would like to
contribute to the Atomic NFT standard, please check out the Koii Network GitHub.


ATOMIC NFT ATTRIBUTES

 * Completely decentralized utilizing on-chain storage
 * Media and smart contract are combined and stored permanently
 * NFTs become unique, universally identifiable digital assets
 * Ownership of NFTs and media files is preserved across the internet
 * Eco-friendly
 * 1/1000 the cost of minting an NFT on Ethereum
 * Proofs of Real Traffic ensures attention rewards via KOII
 * Atomic NFTs can be bridged to other blockchain networks
 * Programmable and dynamic, while still fully on-chain


HOW TO CREATE AN ATOMIC NFT

Try the Easy Way Let’s get technical…

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