PNFT
Last updated
Last updated
What is an NFT: A non-fungible token (NFT) is a data unit kept on a digital ledger known as a blockchain that certifies a digital asset to be unique and hence not interchangeable. NFTs can be used to represent digital assets such as images, videos, audio, and other digital items.
How do NFTs work?
Most NFTs are part of the Ethereum blockchain. Ethereum, like bitcoin and dogecoin, is a cryptocurrency, but its blockchain also enables these NFTs, which hold additional information that allows them to function differently from, say, an ETH coin. It's worth mentioning that other blockchains like BSC and Tron also have NFT function.
What is a PNFT: A PNFT is a non-fungible token that has been linked to a tangible item such as a figurine or merchandise. The Item will contain a hard wallet, the Token and Wallet will match as proof of identification.
The Token accounts for the majority of the cost of a PNFT item.
Users may trade their PNFT items on Merchain Marketplace, where the seller uploads the token to the market, the buyer pays for the item in advance, and the token and payment remain locked until the buyer receives their item and both parties accept the transaction.
We developed a set of measures to safeguard users from scammers.
