Hello everyone,
My name is Daniel, a founder with a background in IT, and I’m in the early stages of a project called Luxora.
Our vision is to build a platform on Cardano that connects physical luxury goods (like niche perfumes or leather goods) to the blockchain using NFTs as immutable certificates of authenticity and heritage – creating a true “phygital” asset.
I’ve noticed that many NFT projects in the ecosystem are focused on purely digital art, and I see a significant opportunity in this physical-to-digital bridge. As I’m outlining the technical roadmap, I’d be grateful for this community’s expertise on the specific challenges of such an implementation on Cardano.
My main question is: What are the most significant technical hurdles to consider when designing a system where millions of unique NFTs must be tied permanently to specific, real-world physical items?
More specifically, I’m thinking about:
- Metadata Standards: What are the current best practices for ensuring the on-chain metadata linking to a physical item is robust, permanent, and can’t be disputed?
- Scalability: How would the network handle the creation and updating of millions of unique product tokens, each with its own accumulating history (e.g., transfers of ownership)?
- User Experience (UX): From a smart contract perspective, what are the key challenges in making the process of claiming and verifying these “phygital” NFTs seamless and intuitive for a non-technical luxury customer who may not have a wallet?
I believe Cardano’s focus on security and formal methods makes it the ideal foundation for such a high-trust system.
Thank you in advance for any insights or perspectives you can share.