NFT is experiencing its surge in the past few months with its phenomenal services. Its audience interest in collectibles opens the way for unique NFTs and its market visibility benefits the growth in every industry. Serving the creative medium, the attraction towards the NFTs from creators like artists, game developers are high, surge traffic and interest towards NFT makes the market heavy, which is also intended to experience the flaws in NFTs too.
TRON is a prominent blockchain network that introduces a new standard for NFTs to mitigate the flaws in the existing NFT standards. The NFT standards improved by TRON are expected to offer higher throughput in the network by managing traffic with its performance speed. Also, the NFTs peculiar characteristics enable the NFT to act as a valuable asset that opens the door for DeFi to offer its services with NFTs. The exchange platform in DeFi makes its move towards NFT by accepting NFT as collateral assets for its unique value proposition.