"NFT 2.0"? We prefer µToken.
Final tests of µToken are wrapping up. Very few things I have built made me sit back afterwards. This one did. Mostly because of what will soon flow through it.
ERC-20 is ten years old and has barely moved. A name, a ticker, a supply, a balance mapping. Everything around it evolved. The token at the centre stayed exactly what it was in 2015. A shell with a market attached.
NFTs had their evolution. Bare IDs, then the images completed them. But NFTs solved their era's problem, not this one's. The modern participant lives in a world where fungibility is the default, speed matters, and assets trade in fractions at any hour.
Two standards at an impasse. One is liquid but empty. The other carries meaning but cannot keep pace.
µToken resolves it. The token itself carries something, and it trades like a token.
Not a pointer bolted on. The asset is anchored inside the token's own existence, its fingerprint written on-chain at creation, inseparable forever. A document. An artwork. A collection. The token and the thing are one object.
And nothing about ERC-20 changed. The capability was always in the standard. What was missing was the will to use all of it. Uniswap v4 and hooks supplied the mechanics. An appreciation of on-chain provenance supplied the purpose.
Creators upload layers and launch generative collections without a line of Solidity. Conditions instead of outcomes. The chain draws the results after launch.
The chain is the artist, and nobody gets to look over its shoulder.
Builders anchor real assets and documents, and issue tokens whose origin cannot be argued with. Provenance from the first block.
A collection marketplace will be integrated and more functionality follows. More chains follow. Robinhood Chain is where this starts. It is not where it ends.
There are many launchpads right now. Most are the same product with a different logo. Distribution was solved years ago. What the token is has not changed since 2015. That is the part worth working on.
This does not replace NFTs. It is a different kind of token. NFTs made unique objects ownable. This makes fungible tokens complete.
The space is ready.
0xhadrian.eth