Use-case Ideas

Some potenial use-case ideas:

• Swap

  • User puts in 1 NFT and gets back 1

  • Could be used to get rid of bad NFTs in the collection

  • Could be used to swap 2d NFTs for 3d

• Merge

  • Merge N NFTs into up to 3 new ones

  • Could be used to decrease collection size

• Split

  • Split an existing NFT into up to 3 new ones

  • Could be used to increase collection size

  • Could be used to split NFTs into semi fungibles according to new mplex standard (then the limit of 3 doesn’t apply)

• Breed

  • User puts in N NFTs, then gets back the original N + up to 3 new ones

  • Could be used to produce gen2 NFTs from gen1

• Burn

  • User puts in N NFTs > gets up to 3 new ones

  • The mutation is configured to transform ownership back to project

  • Project then burns the NFTs, either manually, or by using one of:

    • https://www.sol-incinerator.com/#/avoiding-rugs

    • https://www.dustprotocol.com/

    • https://mortuary-inc.io/roadmap/

• Get creative

  • Project creates 1st mutation: require 3 NFTs from collection in return for a redemption token

    • User puts in 3 NFTs > gets back a redemption token

    • An off-chain script reads the traits > reshuffles between the 3 > produces a new set of traits that’s mix of original 3 > mints NFT

  • Project creates a 2nd mutation: require 1 redemption token in return for new NFT

    • User put in redemption token > get the new, remixed NFT back

• Escrow

  • This was not an initially intended use-case but turned out to be possible!

  • Trader 1 creates a mutation that requires Trader 2 to upload Mint X. In return he promises Mint Y. He configures the mutation to change vault owner.

  • Trader 2 uploads Mint X, gets back mint Y.

  • Trader 1 now controls the vault with Mint X and can safely retrieve it.