Rewarding Developers by Storing Applications on Non-Fungible Tokens

Abstract

Non-fungible tokens (NFTs) are individual tokens with valuable information stored inside them over blockchain technology. They can be purchased and sold like other physical and virtual art pieces because their worth is mostly determined by the market and demand. The unique data of NFTs render it simple to verify and authenticate their ownership and transfer of tokens between owners. However, in Pakistan, developers cannot acquire different licences to accomplish their projects not because they cannot afford it, but because they cannot invest in every piece of software to accomplish each new sensitive task. Rather, they can render the product platform independent. Considering this technology, this paper provides IT professionals with a new NFT approach and business policies that solely belong to the information technology domain. In addition, this paper also introduces how NFT tokens can hold software applications. Since we can store files, we can let NFTs also store complete applications to help developers in further utilising virtuality and having the metaverse at their fingertips. Whenever they succeed in a project, they never receive rewards, and their skills only pay the bills. In a nutshell, this paper presents a prototype of NFTs that would be further polished to save and utilise applications in a decentralised manner while rewarding the developers.

Metaverse in Multimedia Gaming: Quality of Experience (QoE) Challenges and Standards Requirements for Immersive Media Consumption

“…One of the biggest challenges in the current design and development of the metaverse is privacy protection and security, especially in the gaming industrial environment (Chiariotti et al, 2023;Fernandes & Werner, 2023;Kalhoro et al, 2023;Khan, Laghari, Li, Dootio, & Karim, 2023;D. Wu et al, 2023;T.…”

“…For designing and implementing metaverses in gaming, a high-end network, hardware, and software are required, including robust network connectivity, powerful computers, and advanced VR and AR equipment (Fernandes & Werner, 2023;. Small-and medium-sized gaming enterprises that do not have such advanced ecosystems can find it difficult to integrate the metaverse into their activities (Kalhoro et al, 2023;Vlahovic et al, 2023;T. Wu & Hao, 2023).…”

“…It is because of a lack between the theoretical and practice metaverses nowadays; it is also because companies need to know how to use and understand how to apply such technological potential in real-time in which environment (Y. Jin et al, 2023;Kalhoro et al, 2023;Vlahovic et al, 2023). A few questions raise some difficulties for businesses in terms of identifying how the technology can benefit their individual operations and industrial production points of view (Khan, Bourouis, et al, 2023;Vlahovic et al, 2023).…”