LIVING ASSETS CAN EVOLVE
As opposed to regular NFTs, Living Assets are blockchain tokens whose properties can be changed in response to age, events, seasons, measurable data (e.g. number of retweets, attendance figures at a concert) or just about any mechanism you can think of. This means that instead of being passive collectibles, like regular NFTs, they are active, mutable assets. This evolutive nature means that the asset owner has a motivation to interact with them on a regular basis: viewing, sharing, and trading
LIVING ASSETS ARE SCALABLE
Regular NFTs are bound by the scalability issues of the underlying blockchain, both in terms of their creation and trading. A typical Ethereum NFT can cost tens of dollars just to create, due to the requirements of the gas and platform expenses. Freeverse employs a proprietary, patent-pending Layer 2 technology, which permits millions of Living Asset NFTs to be not only created but also evolved, and traded, without stressing the underlying blockchain, and hence, at a virtually null gas cost.
LIVING ASSETS CAN BE TRADED IN ANY CURRENCY
Freeverse’s patent-pending trading platform employs meta-transactions to permit trading in FIAT currencies, without requiring an intermediate exchange to cryptocurrency nor an intermediate custodian of anyone's assets. This means that users do not have to jump through the hoops of downloading a crypto-wallet, providing proof of ID, and buying cryptocurrency; they can just buy and sell as normal with their credit or debit card.
LIVING ASSETS ARE SUSTAINABLE
While regular proof-of-work blockchain mining uses large amounts of electricity, Freeverse Layer 2 scaling technology, capable of creating and evolving large amounts of Living Assets in one single transaction, drops the impact by several orders of magnitude. As the technology can be readily work in any EVM compatible blockchain (Ethereum, xDAI), it can also be used on xDAI, which further drops the footprint by 2-3 extra orders of magnitude.
LIVING ASSETS ARE CERTIFIABLE
You may have heard the complaints about NFT buyers not knowing what they bought, about just owning a URL to a server that can change the asset any time. Living Assets tackle this problem from its root. The blockchain certifies what the full asset is, its properties, its look, and not just at present, but at every time in the past. Certification is so strong that, with Living Assets, it is even possible to write smart contracts that check the asset properties, e.g. to guarantee that a transfer will go through only if the asset has the desired characteristics.