Burnt Finance


Verification issues are particularly pertinent when an NFT that was originally underpinned on one chain is being transitioned to another chain to participate in a marketplace that operates on the second chain.
In the case that the metadata is stored off-chain, the initial input variables which create a hash on the initial chain, Ethereum for instance, are changed with different input variables that create an entirely different hash on the second chain, Solana for instance. With Burnt, the metadata related to NFT creations are always signed on-chain and are therefore verifiable even in the case that the NFT is transitioned to another chain. The low-fee costs associated with the Solana chain are also favorable to such signing as creators will not incur excessive costs to sign NFT metadata on-chain.

Leveraging Bonfida to bring off chain information on chain.

Users also have the option to connect their Burnt address to their Twitter handle via the Bonfida naming service. This allows Burnt users to add an element of authenticity to their public key address. For instance, the public key of Burnt Banksy would be clearly linked to his Twitter account for verification. Any malicious actors impersonating would be linked to questionable Twitter handles