Introduction - Everything Theory
These new tokens, called object tokens or simply objects, are dynamic in nature: they can be modified, evolve over time, and interact with other tokens, offering significantly more functionality than traditional NFTs.
Each object is built from elements, created within a set, and assigned a specific kind. Creators can build sets using elements and kinds from different authors, enabling efficient and collaborative on-chain creation.
The protocol introduces the concept of space. Beyond ownership, tokens now also have a position, meaning they can not only be held by accounts but also exist in specific locations within the protocol.
Each blockchain supported by the protocol is treated as a universe, referred to as a universe chain. Since the protocol explains how time and space expand, how objects are created from elements, and how they interact, it is often called the Protocol of Everything (PRE).
While decentralized storage solutions like IPFS and Arweave address the centralization issues of static NFTs, challenges remain for dynamic NFTs. For instance:
