NEW YORK, NY, July 29, 2022 (GLOBE NEWSWIRE) — Justin Hur, CEO of Edenloop, the Canada-based NFT Marketplace, announces that it will launch a blockchain-based ‘Block Loop’ and operate fully as an NFT portal site.
Edenloop is an NFT exchange that embodies the true decentralization of the web for the personalization of information and contributes to the protection of the rights and interests of digital artists as well as the copyright of their creations.
In particular, it is a representative ERC-20 NFT exchange in Korea characterized by increased security through extended 2D and 3D IP security technologies.
Edenloops recently introduced Web 3.0-based “Blockloop” features similar to Google Web Crawling technology, acting as a true decentralized search engine by checking centralized transactions to giant NFT marketplaces through blockchain technology that can search and trade NFT- are issued by foundations around the world.
The operating principle of Blockloop technology is that by crawling (importing) metadata from NFTs into the blockchain, NFT information from marketplaces randomly searched by Loop Tag is cleaned through an algorithm from the Edenloop platform, duplicate transaction values are classified accordingly, and similar classifications is stored in each database.
Snippet is a technology that provides various data such as token ID, contact address and contact type for NFT that fits the intent of search within an adjusted Loop Tag, and can also be changed.
This not only minimizes the time required to find information on portal pages, but also provides first keyword search ranking services to improve and maintain the quality of optimized platform traffic through SEO (Search Engine Optimization) technology.
Based on this, it is expected to protect intellectual property rights (IP) through the Edenloop platform’s security system and provide users with high scalability and opportunities through interaction with the real economy and various metaverse services.
Because the Edenloop platform protects intellectual property rights (IPR) by interoperating NFTs and creations, the platform has the function of self-providing security and monetization opportunities to enable preferential services to users to ensure diversity.
Through Blockloop, NFT is sought for all chains and only the stable transaction fee is required in the transactions, and this has the advantage of reducing transaction fees as a trading user, and shows great advantage of receiving transaction rewards with Edenloop token ELT or EELT.
Edenloop’s CEO Justin Hur stated: “We perceived that a fast, comprehensive and large-scale search engine was necessary to maximize the NFT value. Currently, this is under discussion with many domestic and foreign search engine engineers. As a result, Edenloop’s upgrade of block loop- the search engine will lead to many changes in the market”. He added, “As a platform that combines NFT marketplaces and search engines, we will move to a full-scale global NFT portal website, and in the near future, it will be a big step through the advancement to the large exchange market”.
Meanwhile, Edenloop, with a foundation of technology and patents, and as a company in possession of vast knowledge and databases through business operations for 10 years with a total of 1260 companies including Samsung, LGU+ and SKT, the newly introduced Blockloop technology is led by the general the developer of Daum Kakao, the second largest portal site in Korea, and is expected to be launched by the leading developers of Samsung’s mobile market.
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SOURCE: EDENLOOP Network Inc.
