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Description
As a collection issuer, use Upgradooor to initialize the process of upgrading your collection to NFT 2.0 if you are currently using ERC721.
As a holder, once the collection owner initiates the process, you can wrap any NFT you hold in that collection and instantly turn it into an equippable, multi-asset, composable NFT with no added risk.
You can always unwrap at will, and all the changes will still wait for you when you decide to re-claim the 2.0 wrapper again.
Upgrading allows you to:
- add more assets (outputs) to a legacy NFT, preventing needless airdrop spam
- airdrop NFTs into the NFT itself, preventing detachment of context, and saving tremendous amounts of gas by letting people transfer just the parent NFT
- define equippable settings and even achieve compatibility with other collections, for cross collection equippables and thus cross collection royalties and commissions
- see your NFTs on Singular, and use GBM auctions as a unique and novel listing mechanic
Tweets by Upgradooor
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