Cardinal
Protocol on Solana that provides a tool belt smart contracts for conditional ownership of NFTs.
Last updated
Protocol on Solana that provides a tool belt smart contracts for conditional ownership of NFTs.
Last updated
Example use cases
Revoking NFT ownership - specify a 'manual revocation authority' that can revoke an issued token (ie force a wallet to return an NFT)
Time-based expiry - Specify a duration/fixed expiration date after which an token can be revoked
Use-based expiry - Ticket like behaviour (specific number of uses before a token is revoked)
Data-based expiry - Revoke an NFT based on external data (ie reading from an oracle/external data)
Selective transferability - Token can only be transferred to specific wallets
Non transferability - token is locked to a wallet & can not be traded via SPL token transfer
Facilitates:
rental agreements
loans
tickets
domain names
gaming items
certifications
credentials
badges
How:
Wrapping traditional NFTs
Mechanism for Revocation
Time use
Data-based expiry
Explosion
Selective
Non-transferability
The Data is stored in the account key - not the actual mint ID itself Utility - Rentals, subscriptions, staking, tickets ect
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