NFT Protect is a decentralized, non-custodial protocol designed to protect digital assets from theft, phishing attacks, social engineering, and accidental transfers, creating a more secure and reliable market for all participants.

NFT Protect utilizes Protected NFT technology and decentralized dispute resolution layers (like Kleros.io) to provide a secure and seamless self-custody solution for digital asset owners, which allows them to confidently manage and transfer their assets, knowing they have a reliable means of protection in case of theft or compromise. NFT Protect offers a unique solution that combines the convenience of the traditional world with the advancement of the DeFi ecosystem.

With NFT Protect, users can easily send their original NFT to the protocol and receive a "protected NFT" (pNFT) in return. The pNFT can be used like the original NFT, including in supported protocols and marketplaces for transfer and sale. In the event of theft, phishing attack, or wallet compromise, the original owner can initiate a dispute in a decentralized court and request that the pNFT be burned and reissued while keeping the original safe.

Project values

• Security: Ensuring that digital assets are protected from theft and compromise is at the core of NFT Protect's mission. By offering a decentralized, self-custody solution that utilizes protected NFT Technology and decentralized dispute resolution, NFT Protect aims to provide a high level of protection for digital asset owners.

• Transparency: NFT Protect is committed to building trust in the digital assets market by making it safer and more reliable for all participants. By utilizing decentralized dispute resolution, NFT Protect aims to create a fair and transparent system for resolving disputes and protecting the rights of digital asset owners.

• Inclusivity: NFT Protect believes everyone should be able to safely and securely participate in the market for digital assets. By offering a simple and accessible solution for protecting digital assets, NFT Protect aims to make the market more inclusive and welcoming to new players.

Roadmap

In the near future, we will announce the launch of our MVP (Minimum Viable Product) on the Goerli test network. Follow us on Discord and Twitter to stay up-to-date with the latest news and updates.