PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided by principles of security and ownership, made possible with a combination of decentralization and encryption.
Since 2021, the role of NFTs has transformed dramatically: from mere cultural assets to building blocks that allow developers to incorporate utility in the next generation of decentralized applications and Web3 NFT-based projects. As exciting as this evolution is, it also comes with challenges for programmers such as the need to learn a new language, high infrastructure costs, and difficulties accessing relevant information for newcomers. These obstacles are particularly prominent for NFT utility-based projects, as most blockchains rely upon complex smart contracts to build...
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