Content Deep Dive
Supabase Launches NFT Marketplace
Blog post from Supabase
Post Details
Company
Date Published
Author
Ant Wilson
Word Count
430
Language
English
Hacker News Points
-
Source URL
Summary
The Supabase team has a history in the NFT space, having minted NFTs on Blockpunk.net and helped build the world's first tokenized anime premiere. They were also founding members of the Guacchain Foundation, an economic experiment in a deflationary-based monetary system. The current problem with NFTs is the Copy-Paste Problem, where anyone can access the image linked to an NFT without owning it. To address this issue, Supabase has announced BuyMeth.com, an NFT marketplace that stores encrypted images on IPFS and updates ownership keys upon sale. However, this announcement is an April Fools joke, with no actual plans for a Supabase NFT platform launch.