Implementation Strategy

Phase 1: Research and Planning

The inaugural phase centers around comprehensive research on evaluating various blockchain networks’ compatibility. Post-analysis, a select group of initial blockchain networks will be shortlisted for support. This phase concludes with developing a meticulous technical blueprint and overarching system architecture.

Phase 2: Development

The development phase entails the writing and subsequent testing of smart contracts tailored for each supported blockchain. Concurrently, the consensus algorithm and validator node software are developed. A stringent cycle of testing and auditing is employed to assure interoperability and bolster security measures.

Phase 3: Testnet Launch

In this phase, an initial version of NBNTV is deployed on a testnet. This initial phase allows for the assessment of both performance metrics and security protocols. Community engagement is solicited for participation in the testnet, and feedback is meticulously collected to refine and improve the system.

Phase 4: Mainnet Launch

The culmination of prior phases leads to the mainnet launch of a fully functional NBNTV protocol. The staking mechanism is activated to select initial validators, officially opening the network for NFT transfers across the supported blockchain platforms.

Phase 5: Governance and Upgrades

This phase introduces the Decentralized Autonomous Organization (DAO) as the governance structure. Active community engagement is encouraged for proposing and voting on future system upgrades and additional blockchain support. Continuous monitoring and refinement of the protocol are driven by both community feedback and technological advancements.

Phase 6: Community Engagement and Expansion

Community outreach is amplified through educational campaigns to inform users and prospective validators. The network’s scope is broadened by expanding the pool of validators and adding new supported blockchains. Partnerships with NFT marketplaces and other blockchain projects are pursued to augment adoption and facilitate integration.