/plushcap/analysis/supabase/supabase-supabase-nft-marketplace

Supabase Launches NFT Marketplace

What's this blog post about?

The Supabase team has a history in the NFT space, having minted NFTs on Blockpunk.net and helped build the world's first tokenized anime premiere. They were also founding members of the Guacchain Foundation, an economic experiment in a deflationary-based monetary system. The current problem with NFTs is the Copy-Paste Problem, where anyone can access the image linked to an NFT without owning it. To address this issue, Supabase has announced BuyMeth.com, an NFT marketplace that stores encrypted images on IPFS and updates ownership keys upon sale. However, this announcement is an April Fools joke, with no actual plans for a Supabase NFT platform launch.

Company
Supabase

Date published
April 1, 2021

Author(s)
Ant Wilson

Word count
430

Language
English

Hacker News points
None found.


By Matt Makai. 2021-2024.