Zano, an open-source cryptocurrency focused on privacy, is introducing Obscura, a platform for creating, managing, and trading NFTs like art and music on its blockchain, emphasizing confidentiality in ownership and transfers.
The platform aims to address issues in traditional NFT marketplaces by enabling private transactions, which could prevent market manipulation and protect creators from censorship, especially for controversial content.
This development aligns with growing concerns about privacy in the NFT space, as highlighted by a 2022 Analytics Insight report noting that NFTs can pose security and privacy risks due to blockchain data like addresses and identifiers.
