Uptick Opinion | Most NFT platforms are still in the Web 2.5 stage

Uptick Network
2 min readSep 15, 2021

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Following on from our recent article: The NFT Industry Currently Lacks Reasonable Pricing and Operating Rules

Brian, founder of the commercial NFT infrastructure platform ‘Uptick’, had this to say on the topic of the current state of NFT platforms in the space:

“Essentially, the core of internet products is operations. The essence of operation is to effectively connect products and users, and to maximize value through various levels of operation. In the Web3.0 era, how to ensure the fairness of operations is a big problem, because what needs to be established is a decentralized operation model, which improves the operation logic at the code level and avoids the intervention of too many factors. Therefore, the underlying decentralized asset management and transactions are far from enough. The underlying decentralized technology is just a foundation. What really needs to be developed is a decentralized operation mechanism and a decentralized business model. ”

Brian believes that most of the NFT platforms in the world are still in what he calls the Web 2.5 stage, or even the 2.0 stage, because only the underlying decentralized technology is used, and the operation team is completely centralized.

“We are trying to establish a decentralized operation mechanism in Uptick to realize the above concepts in various aspects such as NFT original copyright management, pricing management, listing management, global multi-chain transaction management, and custody management. The entire industry is still in its nascency, but we should fully inherit the Internet experience of the past 20 years, and fully adhere to the principles of Web3.0, step by step to establish a decentralized business era.”

Uptick app is the world’s first decentralized full-featured mobile NFT app, based on the commercial-grade NFT infrastructure of Uptick Network. It safely and conveniently manages users’ digital NFT assets, supports the independent issuance, purchase, transfer, resale, and cross-chain transfer and interoperability of users’ NFT assets, focusing on the pan-entertainment and life service industry, forming a new creative economy for the Web 3.0 era.

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Uptick Network
Uptick Network

Written by Uptick Network

Business Grade NFT Infrastructure and Ecosystem for Web3

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