What is the situation with Mina Protocol's NFT ecosystem? Many people are confused—Mina itself does not have native NFT standards support and relies on zkApps to issue and trade NFTs. Simply put, all NFT projects are built on the zero-knowledge application layer.
How are they issued? Mainly, developers build NFT contracts based on zkApps, fully utilizing the privacy features of zk-SNARKs to achieve private minting and transfer of NFTs. This is Mina's core advantage compared to other chains.
But this also brings a problem—there is no official unified NFT registry, and zkApps within the ecosystem operate independently. Want to count the total number of NFTs? You have to gather data from various third-party NFT projects, and without an authoritative real-time total, this has become a pain point for the ecosystem.
Currently, Mina's NFT projects are relatively niche, mainly focusing on lightweight and private transactions. Compared to major ecosystems like Ethereum and Solana, the total volume is still quite small. However, this focus on privacy might be the future opportunity.
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ForkMaster
· 01-07 15:57
Each zkApp operates independently, and this approach is just the project team's way of shifting blame. They claim privacy advantages, but in reality, it's just data chaos with no oversight.
View OriginalReply0
BetterLuckyThanSmart
· 01-07 13:51
Privacy NFTs sound good, but the ecosystem is too fragmented, and data can't be unified.
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Mina's privacy features are indeed innovative, but the problem is that there are too few users now.
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Wait, zkApps each operate independently— isn't this just how DeFi looked when it first emerged... Is history repeating itself?
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Wow, if privacy NFTs really take off, Ethereum will be panicking.
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Niche projects have their advantages, but the inability to aggregate total numbers makes it a bit awkward.
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I'm just worried that in the end, privacy NFTs will become tools for pump-and-dump schemes, with no one able to see each other's actions.
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Mina has taken the right path; it's just that the ecosystem still needs time.
View OriginalReply0
SchrodingerWallet
· 01-05 10:34
It sounds like Mina is just betting on the privacy card, but the ecosystem that operates independently is really disappointing.
Actually, this is a common problem with small coins—initially decentralize the power, and then clean up the mess later.
But I think the privacy NFT direction is quite appealing; it's just a matter of waiting until users truly need it.
Wait, there's no unified registration system... Wouldn't tracking assets become a hassle? This situation does make people a bit worried.
Niche is niche, but at least the ecosystem needs to be reliable. Mina's recent moves are quite bold and innovative.
View OriginalReply0
NftBankruptcyClub
· 01-05 00:55
Hmm, privacy NFTs sound good, but does anyone really want them?
The zkApp ecosystem is indeed a bit chaotic with each doing their own thing.
Mina is still too niche; we have to wait for the ecosystem to heat up.
Privacy minting sounds high-end, but in reality, how many people actually care?
Without a unified registration system, tracking is difficult—how can we build an ecosystem like this?
Niche is niche, but focusing on privacy as a differentiation is a good strategy.
The gap with Ethereum still feels too big; the ecosystem maturity is on a different level.
View OriginalReply0
StakeOrRegret
· 01-05 00:52
Hmm... zk privacy NFTs sound good, but the ecosystem is too fragmented, making it a bit hard to follow.
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Mina's approach is correct, but there are too few users now. Once privacy becomes a necessity, it will take off.
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The lack of a unified registration form is really frustrating. How can we invest?
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Privacy NFT track is cold, but I feel this is the right path.
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To put it simply, the technology is advanced but the applications haven't caught up yet. Let's hold and watch.
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The decentralized nature of zkApp ecosystems is indeed a big problem. When will standardization arrive?
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Instead of waiting for Ethereum to get congested, why not explore Mina's privacy features?
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This is truly small and beautiful, better than those junk coins.
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I'm optimistic about zero-knowledge proof NFTs; it's just a matter of time.
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Why isn't anyone creating a unified Mina NFT dashboard? That's an opportunity.
View OriginalReply0
MysteriousZhang
· 01-05 00:40
Privacy NFTs sound good, but the ecosystem is too fragmented, which is indeed a big problem.
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With zkApps and zk-SNARKs, all this complexity just for privacy— is it worth it?
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Mina's privacy advantage is pretty good, but unfortunately, the ecosystem is too small, so we have to wait.
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The absence of a unified registry will have to be addressed sooner or later.
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Privacy transactions sound sexy, but how many people actually use them?
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The gap compared to Ethereum is so big, unless the urgent need for privacy really arrives.
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The outcome of each doing their own thing is usually not very good.
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The zkApp NFT architecture is a bit overengineered, isn't it?
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So Mina's ecosystem relies on privacy as its main card.
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There’s no authoritative real-time total count, so the market can’t be considered transparent.
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Lightweight sounds good, but niche ecosystems still need to stay cool.
View OriginalReply0
EthSandwichHero
· 01-05 00:40
Alright, Mina's NFT ecosystem is still too fragmented, with each doing their own thing and no one willing to cooperate.
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The idea of using zkApp for privacy NFTs is good, but the ecosystem is too niche. It still depends on whether it can break out of the circle.
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The lack of a unified registration system is indeed troublesome; data statistics rely entirely on manual compilation, which is really inefficient.
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Privacy as a selling point sounds good, but right now users are on Ethereum and Solana. Mina's scale really can't claim any advantage here.
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The privacy features of zk-SNARKs sound impressive, but the real question is how many people actually care about NFT privacy attributes?
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A niche ecosystem isn't necessarily a bad thing; low barriers to entry can actually give developers opportunities. Let's see how it develops later.
View OriginalReply0
AirdropChaser
· 01-05 00:31
zkApps operate independently; isn't this just the tragedy of fragmentation?
Privacy NFTs sound advanced, but in reality, they are still too niche.
Mina might be the right path, but currently, there's really no ecosystem.
Whether this decentralized approach is an advantage or a disadvantage is really hard to say.
View OriginalReply0
VitalikFanAccount
· 01-05 00:28
Privacy NFTs sound fancy, but the ecosystem fragmentation is really a major flaw.
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Mina's approach is good, but the user base is still too small.
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No unified registration system? That makes tracking so difficult... No wonder no one is playing.
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Privacy transactions are a selling point, but unfortunately lack liquidity, brother.
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Isn't this just like early Ethereum? Let's wait and see.
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The zkApp concept is awesome, but in reality, it's still too quiet.
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Niche has its advantages, at least it's not crowded.
What is the situation with Mina Protocol's NFT ecosystem? Many people are confused—Mina itself does not have native NFT standards support and relies on zkApps to issue and trade NFTs. Simply put, all NFT projects are built on the zero-knowledge application layer.
How are they issued? Mainly, developers build NFT contracts based on zkApps, fully utilizing the privacy features of zk-SNARKs to achieve private minting and transfer of NFTs. This is Mina's core advantage compared to other chains.
But this also brings a problem—there is no official unified NFT registry, and zkApps within the ecosystem operate independently. Want to count the total number of NFTs? You have to gather data from various third-party NFT projects, and without an authoritative real-time total, this has become a pain point for the ecosystem.
Currently, Mina's NFT projects are relatively niche, mainly focusing on lightweight and private transactions. Compared to major ecosystems like Ethereum and Solana, the total volume is still quite small. However, this focus on privacy might be the future opportunity.