LTO's mainnet vote will bring Ownables into web3: fully decentralized digital assets with more functionality, better privacy and better control than NFTs.
Some of the aspects of Ownables:
- Full control over your digital assets, including where they are stored/kept (for starters, in your wallet instead of on some public server).
- Cross-chain support. Upon creation, Ownables allow you to mint an NFT on a chain of your choice in order to bring it to your favorite NFT community/marketplace platform. New NFT owners can claim the asset package from the ownables bridge and take possession of the digital asset package.
- Multiple file types supported in the asset package (images, audio, video) at the same time
- Multiple file formats supported. Create ownables with 2D pixel art and a high polygon 3D model in the same package, increasing the compatibility of your assets across the web3 space.
- Internal COSMWASM smart contract support allowing for an feeless internal event-chain for the asset, giving dynamic, consumable and unlockable content capabilities. The ownable event-chain is secured to LTO's public layer for immutability, keeping track of the true state of the ownable, as well as the current owner.
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