Audience
Individuals looking for an NFT solution on Cardano blockchain
About Cardahub
Discover, collect and trade NFTs of popular CNFT collections on Cardahub marketplace. NFTs or non-fungible tokens, are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. NFTs are unique and not mutually interchangeable, which means no two NFTs are the same. NFTs can be a unique digital artwork, sneaker in a limited-run fashion line, in-game item, digital collectible etc. Collateral is a monetary mechanism used to guarantee that nodes are compensated for their work in case the validation of Plutus script (address of smart contract) fails. This is also to prevent a malicious actor from flooding the network. Without collateral, the user is not charged if a smart contract fails. However, by the time the transaction fails, the network has already incurred some costs to initiate and validate the transaction.