Esaiyo believes all objects — physical, conceptual, and digital — have stories to tell and rights to individual existence which is secure, provable, testable, and audited. Evidence of asset behaviors should be easily available to anyone, anywhere. Currently, when a digital asset is created, the history, attributes, and behavior of the asset remain intact only so long as that asset remains on the platform where it was created. For non-fungible tokens (NFTs) especially, the “nature” of the asset implies the ability to migrate between markets which can best match with the value of the asset. Over time, NFTs will spend significant time in secondary markets, perhaps even more than on their original platforms.
While much attention has been paid to bridging assets between chains and platforms, there is little scrutiny regarding the metadata of the NFT — including history, digital rights, ownership, relationships to other objects and assets, legal presence and jurisdiction, and characteristics of the object. Esaiyo Trace (Trace) preserves both the asset transactional and intended3 behavior as well as its characteristics and implications for the entire life of the NFT. Moving across chains need not leave valuable information behind (when “burning” NFTs on the original chain). The moves need not be “new beginnings” for an asset (when “minting” NFTs on the new chain). Over time these “re-starts” impact the intrinsic, archival and economic values of the asset itself. Esaiyo Trace maintains all aspects of the original asset as it migrates in a manner which preserves the primary capability of blockchain technology ...
