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CNFT.IO overview

CNFT is a marketplace for Cardano NFTs. The marketplace was launched in July 2021. Distinctively, the team is decentralized worldwide, and CNFT is officially the first marketplace on Cardano.


Cardano provides a hub for NFT collections whereby artists, developers, and content creators wish to migrate to the Cardano blockchain. The firm has proceeded to add a variety of features. Currently, the only wallets they support are Daedalus, Nami, Yoroi, ccWallet, or Adalite. The platform requires you to have ADA in your wallet per purchase of tokens, including some transactional fees. Therefore, CNFT aims to offer you affordable transactional costs and reasonable timelines.

Key Features
Cardano NFTs
NFT launchpad
A project platform
Problems facing CNFT

CNFT approached us with a problem concerning hacked wallets and blockchain security challengers. Cardano NFTs are stored on decentralized storage. CNFT is supposed to ensure that only the user holding the NFT can be able to access who accesses it and control it. Another issue with Cardano NFTs is that the pointers to where the asset is stored must be on a centralized exchange. They operate like crypto stored on a centralized exchange. In case of a successful hack, users could potentially lose valuable NFTs


Solutions we provided to CNFT.

The most critical aspect of Cardona NFT marketplaces is they are non-custodial marketplaces. Typically, Cardano NFTs do not need smart contracts as the tokens are part of the blockchain itself. While this creates simplicity in design, it creates potential security issues. We recommended they introduce smart contracts. In these smart digital contracts, CNFTs should make sure that the users understand their role in the security of their NFTs. They should be careful of basic security features such as passwords and sensitive information. CNFT should also ensure users avoid public WiFi and use cold wallets.


We also suggested that CNFT introduce an xdc network. In this case, the network would enable users with NFTs with sensitive information to encrypt this information into a single document. For this feature, they would have to include smart contracts.

Technology stack used

The main technological stack we suggested was the Ethereum protocol, Hardhat. Harda would assist them in creating dApps and smart contracts concerning the security of users' wallets.


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