NFTs
Do check out the videos on minting an NFT from our official support documentation located here.
02
Can I sell my NFT on other sites? (ie is my NFT custodial?)
Yes, Charged Particles NFTs are fully non-custodial. You can view them and sell them on any platforms such as OpenSea and Rarible which allow you to view and list NFTs minted on other contracts.
03
Are the tokens in my NFT safe? How are they kept safe?
The Charged Particles protocol enables your NFT to have its own smart wallet. This means that, just like any other web3 wallet, your tokens are stored safely inside and only the owner of the NFT can ‘discharge’ the interest earned or ‘release’ all of the tokens.
04
I made a mistake in my mint, how do I fix it?
If you’ve made a mistake in your minting, the only way to change it is to ‘burn’ the token and then re-mint it. The burn functionality sends the token to a null address that can never be accessed again. This is a permanent action. After this you can re-mint the token with the corrections you need to make.
05
Can other people add tokens to my NFT?
Yes, just like any wallet, anyone can send tokens to it. However, only the owner of the NFT can take tokens out.
06
Can other people take tokens out of my NFT?
No, only the owner of the NFT can discharge or release the tokens inside.
A Nested NFT is an NFT that acts as a container for digital assets and other NFTs. NFTs minted on the Charged Particles protocol, and other NFT platforms can hold NFTs and blockchain-based assets. So one NFT can serve as a portfolio that holds other NFTs; in the same way that a folder can hold pieces of paper. A Nested NFT can contain ERC-20, ERC-1155, and ERC-721 tokens. The NFTs are time locked and programmable; allowing interest to be directed into other wallets; and royalties and annuities directed towards creator wallets.
07
If I sell my NFT, do other people get the tokens inside?
If an individual purchases your NFT then they receive all of the assets inside; however Charged Particles NFTs are also programmable so this doesn’t have to be the case! An amazing component of the Charged Particles protocol is the ability to program NFTs in a way not possible on other platforms. With Charged Particles, NFTs are programmable; so creator royalties and annuities can be programmed into the contract! In addition to that, proceeds can be split between various wallets, including other parties and even charities and social causes!
08
As an artist why should I put tokens in my NFT?
There are many reasons to consider nesting tokens inside an NFT and there are an incredible number of use-cases being explored by creatives in our community.
- An NFT with a constantly rising price floor (via the interest being earned inside)
- Build an NFT collection that holds all of your favorite assets inside a single NFT
- Present collaborative NFT projects in brand new ways by nesting everyone’s work inside
- Release content within an NFT (such as music, stories, upgrades, bonus content, etc) gradually over time by using our time-lock functionality
- Create a Russian-doll NFT with layers that go deeper and deeper
- Use your NFT as a mailbox for further engagement with collectors
- Use your NFT as a savings account that houses all your tokens - speculative, interest-bearing, social tokens, other NFTs
09
Is Charged Particles concerned about interest-bearing NFTs or NFTs created by the DApp being considered securities?
The Charged Particles Protocol allows users to deposit any token inside any NFT. What is displayed on the Charged Particles DApp & website can be monitored / censored, but other NFTs that are created on Charged Particles are completely non-custodial, uncensorable, and therefore the Protocol cannot control, and is not responsible for, what users create. Charged Particles urges anyone interacting with the Protocol to carefully consider what laws may apply to them and/or their creations before they create NFTs with special properties. When in doubt consult legal counsel.
10
What is the difference between creator royalties and creator annuity?
Creator royalties are the royalties you’ve come to expect from the crypto space, earned on the resale of NFTs in the secondary market. Creator annuity is a brand new royalty stream that allows you to claim a percentage of any interest earned within an NFT indefinitely. This annuity can also be programmed to go to a third party wallet, such as a charity or a project contributor.
