0xcert

Create, own, and validate assets on the blockchain with 0xcert - open protocol​ built to support the future of digital assets, powered by non-fungible tokens. The 0xcert protocol offers tools for building dapps​, aimed at easy authentication and management of digital or real-world tangible assets (such as ID, educational certificate, in-game item or a house) on the blockchain. In addition to common functions for transferring and managing standard non-fungible tokens, the 0xcert protocol provides another layer of conventions for creating certified non-fungible tokens for unique assets​. These tokens are called Xcerts and are created through a custom minting process. Xcerts represent opinionated non-fungible tokens, which also hold an imprint of an asset. With 0xcert protocol, we can validate a proof of existence, authenticity and ownership of these digital assets without third-party involvement. A key role in the 0xcert infrastructure is played by the ZXC utility tokens. These are fungible tokens that are compliant with Ethereum’s ERC-20 standard. The ZXC token will be utilized to support dapps built on top of the 0xcert protocol with minimum possible fees. Since 0xcert is an open source project that strives to be community driven, a decentralized governance model could be introduced as well. The community would have an option to either verify or reject new Xcert issuers through a staking and rewarding mechanism based on the ZXC token