How NFTNDX.IO fights the fraudsters in the NFT ecosystem with an Authenticated NFTs Index

A Screengrab of NFTNDX Homepage

NFT markets have blown up in current weeks and the hype has seen some tokens promote for record-breaking quantities, reaching tens of hundreds of thousands of dollars. Immediately, extra customers are minting and promoting NFTs on varied marketplaces. Consequently, verifying the authenticity of NFTs has grow to be extra advanced as rip-off artists flood the marketplaces with fraudulent paintings aiming to promote NFTs of pretend or duplicate artworks.

Non-Fungible Tokens (NFT) Index, identified colloquially as NFTNDX.IO, is an NFT explorer that enables customers to transparently entry and confirm the authenticity of NFTs on the blockchain. NFTNDX.IO lists verified profiles of high personalities within the NFT market, monitoring the NFTs they’ve minted and who owns them in real-time. The listing aggregates the listing based mostly on a number of contracts together with marketplaces and personal platforms.

NFTNDX Crew

NFTNDX is headed by Ayoub Dardory, who’s the index’s founder. The group members are blockchain consultants with expertise within the NFT ecosystem. The group constructed NFTNDX to operate equally to Etherscan.io, the Ethereum community’s blockchain explorer.

Essential Operate of NFTNDX

NFTNDX’s major operate is to facilitate transparency within the NFT ecosystem, serving to NFT collectors to confirm the authenticity of NFTs earlier than buying them. The index was constructed and launched in March 2021 to fulfill the market demand for an NFT explorer as extra collectors and NFT fanatics have been trapped in fraudulent gross sales. The index permits collectors to soundly discover and buy NFTs. With the inflow of NFT buying and selling actions and barely any devoted index for monitoring actions on varied NFTs, NFTNDX pioneers a necessary service to the NFT ecosystem.

Like Etherscan, NFTNDX doesn’t operate as an NFT pockets. Due to this fact, the index neither shops people’ personal keys nor regulates the NFT transactions by way of good contracts on the Ethereum community.

Functions of NFTNDX

Customers can discover NFTs on verified profiles at NFTNDX.IO to confirm their authenticity earlier than buying them at their favourite marketplaces. The index is freely accessible to all customers and listed profiles are all verified. This ensures that the index lists no rip-off artists and their subsequent pretend works.

NFTNDX additionally tracks the variety of NFTs minted by the listed profiles previously 14 days and the NFTs transferred in the identical interval. Extra particulars could possibly be discovered on Charts & Statistics part. Collectors also can view a full listing of NFTs minted by their favourite creators on the creators’ profiles. Different data you may view on the profile consists of the variety of minted NFTs, the newest minted, and the newest transferred NFT for a given contract.

Past the verified profile, collectors can view particular tokens they’re occupied with, view the NFT’s metadata together with the variety of distinctive historic house owners, the preliminary minted provide, and the variety of occasions the NFTs have been transferred. The index additionally lists the transactions for every switch, which may be considered on Etherscan.

Verified Beeple’s NFT that sold for $69 million with direct links to OpenSea and Rarible

Every NFT on the persona’s profile is listed with a full description and hyperlinks to their respective marketplaces embedded on the token profile. These verified hyperlinks direct collectors and NFT fanatics to the marketplaces with genuine NFTs from their favourite personalities.

Exploring NFTs on NFTNDX

NFTNDX helps solely verified profiles on its platform. Customers can flick through the varied classes listed on the platform’s sidebar to shortly entry their favourite personalities. There are a number of different sub-categories for every main class with a listed variety of profiles below the sub-category.

The index’s homepage incorporates responsive design to boost person expertise and ease navigation as collectors flick through varied profiles or classes for NFTs. The intuitive design of the platform features a darkish theme for dark-theme lovers. You can too navigate to full-screen mode for higher accessibility by means of the web site.

Options of NFTNDX

Etherscan Integration: NFTNDX leverages Etherscan’s performance in its NFT switch historical past part. This gives collectors a further layer of authenticity for NFTs they plan to buy as they will go to the web page and examine the transaction data to additional validate the NFT’s originality. This characteristic enhances the function of NFTNDX as a sturdy index of verified NFTs.

Verified Profiles: NFTNDX lists solely verified profiles which were validated by its inner group. Creators can submit their profiles to the group for verification and subsequent itemizing on the index. Creators will full a type on the web site, filling of their names, e mail addresses, public Ethereum addresses, and contract addresses. As soon as verified, the creator might be listed of their respective class. With this itemizing on NFTNDX, creators safe their works towards counterfeiting by rip-off artists who look to money in on the chaotic NFT market scenes.

Market Integration: For every NFT listed on NFTNDX, the corresponding market hyperlink is embedded within the description to make sure the collector can straight view and buy the correct token in below three clicks. This characteristic minimizes the chance of looking and clicking on counterfeit tokens from con artists on the marketplaces.

Why NFTNDX?

Though high marketplaces additionally confirm profiles, the platforms have been flooded by scam artists posing as the original creators. Artists like Derek Laufman and Devin Elle Kurtz have had their identities and works stolen and verified profiles created of their names on OpenSea and Marble Playing cards, a number of the high NFT marketplaces.

A Tweet by Kurtz lamenting id theft on Marble Playing cards Web site

NFTNDX gives a devoted platform for verified profiles of creators. All profiles on the platform are authenticated by the group to make sure that collectors get the correct NFTs. NFTNDX builds belief in NFT marketplaces and can drive the event of the NFT ecosystem. The index is an important aspect, complementing marketplaces and guaranteeing that creators get full rewards for his or her works.

Conclusion

NFTNDX is your go-to platform for high NFT personalities and creators. View profiles of billionaire Mark Cuban, digital artist Beeple, Kansas Metropolis Chiefs quarterback Patrick Mahomes, musician Grimes, amongst many others. The index integrates options to make sure quick and safe verification of unique NFTs by means of its verified listing of creators.

For creators, it’s time to get verified and safe your paintings from crafty rip-off artists who might take over your identities and profit out of your arduous work.

Contact NFTNDX here or go to their telegram channel to get notified of the newest updates.