Re:The Edited Latecomer’s Guide to Crypto
by Animats on Saturday March 26, 2022 @06:10PM
(#30815823)
If you want to resell an NFT with a contract that takes a cut on transfers, you can wrap the NFT in another NFT that owns the original. Now you've created a tradeable derivative. Ownership is verifiable, and the derivative is tradeable without a cut to the original creator. The owner of the derivative can, if they want, unwrap the item and get back the original NFT. This is like taking physical delivery of a commodity.
NFT wrapping as a service already exists.[1][2] In beta.
NFT wrapping as a service already exists.[1][2] In beta.
[1] https://toniqlabs.medium.com/wrapped-nfts-8c91fd3a4c1
[2] https://wrappednfts.com/