Sorry for deleting the reply.
After submitting it I figured out I didnât understand you correctly. Now I understand it much better
Basically the owner of the token would be a contract address where the token is being held, and that contract will hold the information regarding the true owner. Is that right?
I understand how the use case I described can be supported.
I was trying to think of a way of switching the owner in the ERC721 contract to point to the true owner but with limiting the transfer rights the owner has over the token. However I guess it is not possible as the transferFrom
function will always accepts the transfer if the registered owner is the msg.sender.
Just to be sure, regarding your proposal, existing ERC721 contracts wouldnât have to make any updates. Only 3rd parties looking for a true owner (in case of a contract owner) will need this âoverheadâ. And any 3rd party who wants to allow some DeFi or lending mechanisms, which will support the proposed feature, will need to implement the current ERC proposal. Is that correct?
So how can we advance this proposal?