Collateralized NFT Standard

Abstract

This proposal recommends an extension of EIP-721 to allow for collateralization using a list of EIP-20 based tokens. The proprietor of this EIP collection could hold both the native coin and EIP-20 based tokens, with the tokenId acting as the access key to unlock the associated portion of the underlying EIP-20 balance.

Helpful Links

New EIP

ghostNFT Github

We would love to get feedback!

Links to Lightpaper / Docs of this EIP Implementation

ghostNFT Lightpaper

ghostNFT Docs
https://docs.nft.ghostchain.io/en/latest/index.html

Links to Products that Implemented this EIP

ghostNFT is live on 20+ EVM Chains

John McAfee Legacy (JML) NFT Collection is live on 20+ EVM Chains

1 Like

This is the best project of the season,
Great project with potentials :rocket::rocket::rocket::rocket: