NFT Trilemma around digital goods

Adalarasu
fontcommunity
Published in
2 min readDec 20, 2020

To create an NFT marketplace for digital goods like fonts, templates, or software. We need to address 3 important points.

1) Open and Encrypted

The file should be public and encrypted. Only whoever bought the license should be able to get the decrypted files. All without storage redundancy or a single point of failure(like centralized key management).

2) Version Control

The creators tend to release new versions and add-ons often. The NFT storage should accommodate it. In other words, the system should consider multiple versions of the same item as a single NFT.

3) Protect from Piracy

The system should protect the digital goods from pirating but at the same time, it should be in public and permissionless.

We at Font.Community, we work on a system/framework which solves the issues around Digital goods as NFTs. In addition to solving the above, we are carefully considering the following challenges.

  • Most Font creators are not crypto-savvy, they won’t upload their fonts in decentralized storage, neither don’t know how to keep their wallet safe.
  • Reduce the redundancy around storage and computing costs as much as possible.
  • Reduce the complexity around the versioning of digital goods in decentralized storage.
  • Support the fiat-on-ramp for font users to buy licenses using fiat currencies because most buyers are non-crypto-savvy users.

By addressing the problem by considering the current challenges, We believe, Font.Community pave the way to not only the font NFT marketplace but also other digital goods marketplace.

You can use this form to contact us to, share ideas, feedback, become a creator, bounty work, investment, etc.: https://forms.gle/1aopS1FPcQva7Tn27

More info: Font.Community | Twitter | Discord | Telegram | Whitepaper

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