Edenloop, a Canada-based non-fungible token (NFT) marketplace, has successfully launched its blockchain-based NFT search engine “Block Loop” which will operate in its own right as an NFT portal site.
On July 30, Justin Hur, CEO of Edenloop, confirmed the launch of a new blockchain-based software search engine for non-fungible tokens. The new NFT feature will work as an NFT portal site. The senior leader remarked:
“We perceived that users need a fast, comprehensive and far-reaching search engine to maximize NFT value. Edenloop’s launch of the block loop search engine is going to bring many changes to the market.”
Launched in 2013, Edenloop is an NFT exchange that embodies the true decentralization of the web for information. Edenloop is renowned for protecting the rights and interests of digital artists and the copyrights of their creations.
Edenloop has introduced a blockchain-based search engine dubbed “Block Loop”. The new NFT option, which resembles Google We Crawling technology, will serve as a truly decentralized search engine. Block Loop will leverage blockchain technology to verify centralized transaction across giant NFT marketplaces and NFTs issued by foundations around the world.
How does the blocking loop work?
Block Loop leverages its built-in technology to import metadata from NFTs into the blockchain. The NFT function randomly retrieves NFT information using Loop Tag and authenticates it using an algorithm from the Edenloop platform. The duplicate transaction values are then classified and stored in each database.
Block Loop also uses snippet technology to crawl various data including token ID, content address, and NFT type based on search intent. Snippet technology minimizes the time it takes to find NFT information on the portal to provide keyword search ranking services. As a result, the new technology improves and keeps the quality of the platform optimized through SEO (Search Engine Optimization) technology.
Benefits of Block Loop
Block Loop will present a series of advantages. The new NFT search engine will protect intellectual property rights through the Edenloop platform security system and provide users with high scalability and opportunities through real economy and Metaverse services.
Block Loop will also provide standalone security and revenue generation opportunities to allow users to enjoy preferential services to ensure diversity. Moreover, the NFT search engine offers users reduced transaction fees.
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