Phat Contract: Unlocking the Potential of Dynamic NFTs with Phala Network
- Dynamic NFTs (dNFTs) can change their metadata based on external factors.
- The Phat Contract developed by Phala Network enables the creation of dynamic NFTs with features like data integration and flexible logic.
- Dynamic NFTs have transformative potential in areas like digital art, web3 social interactions, gaming, and real estate transactions, but face challenges in terms of immutable metadata, accessing external data, and designing incentivized on-chain games.
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