Within the blockchain, a regular NFT will only have one Uniform Resource Identifier (URI) link to the InterPlanetary File System (IPFS). Using a regular NFT, a creator would store their digital work (in the form of music, film, digital art, etc.) within the IPFS. There is a limitation on how much information can be provided within a regular NFT, due to how it is programmed.
Specifically for Marvion, the Hybrid NFTs will contain multiple information (i.e. contract, reports, image, etc.), thus making the Hybrid NFTs more robust in capturing relevant information of the digital assets.
The NFTs that Marvion offers are called Hybrid NFT (h-NFT) which is a proprietary NFT format developed by Marvion to make the ownership of digital asset more robust.
Simply put, a h-NFT is an integrated, best in class, smart contract that can execute a transaction and also contains the specific legal terms of the intellectual property ownership, license and/or rights.
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