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ddawson
2023-09-13 11:16:41 -07:00
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10
content/use-cases/tokenization/authorized-minter.md
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@@ -25,10 +25,14 @@ Rather than designing NFTs yourself, you coordinate with an NFT creator to becom
Once you finish creating NFTs, the creator can revoke your privileges and reassert control over the NFTs. You might also transfer the tokens to a marketplace that will handle sales of the NFTs. You can act as a broker to match sell offers to buy offers. See [Running an NFT auction](nftoken-auctions.html).
![Auctioning NFTs](img/uc-nft-transferring-nfts.png)
To mint your first NFTs on behalf of another account, see [Authorizing Another Account to Mint Your NFTs](assign-an-authorized-minter-using-javascript.html).
If you, as the owner or issuer, want to be able to burn the token in the future, set the `Flags` field to _1._ To make the NFT transferable, set the `Flags` field to _8_. Set the `Flags` field to _9_ to make the NFT both burnable and transferable. See[ Burnable flag](nftoken.html#nftoken-flags) and [Transferable flag](nftoken.html#nftoken-flags).
![Burning NFTs](img/uc-nft-burn.png)
You can arrange for the creator to receive royalties from future sales by setting a <code>transfer fee<em>. </em></code>This is a value from 0-50000 representing 0-50% of the sale price. See [Transfer Fee](nftoken.html#transferfee).
The NFToken URL is a link to the location where the content of the NFT is stored. One option is create an IPFS account and store the NFToken content at a persistent URL. See [Best Practices for Storing NFT Data](https://docs.ipfs.io/how-to/best-practices-for-nft-data).
@@ -52,6 +56,8 @@ You can act as a broker, connecting sellers with bidders, completing the transfe
There are several XRP reserve requirements when you mint NFTs for sale. Each NFToken page requires a reserve of 2 XRP. A NFToken page can store 16-32 NFTs.
![Reserves](img/uc-nft-reserves.png)
Each `NFTokenOffer` object requires a reserve of 2 XRP.
When you post the `NFTokenOffer` or sell the NFT, there are trivial transfer fees (roughly 6000 drops, or .006 XRP). When you are selling at a high volume, the trivial amounts can add up quickly, and need to be considered as part of your cost of doing business.
@@ -66,12 +72,16 @@ See:
The most straightforward payment for XRPL NFTs is XRP. For examples of selling and buying NFTs using XRP, see [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Checkout](img/uc-nft-checkout.png)
For trade in other currencies, you can leverage the DEX to accept and convert issued currencies of all kinds. See [Trade in the Decentralized Exchange](trade-in-the-decentralized-exchange.html#trade-in-the-decentralized-exchange).
## Indexing NFTs
When listing NFTs for sale, it can be useful to use object metadata to organize them. You can use queries in the XRPL libraries, the Clio server, and extensions in the XRPL API and Bithomp libraries to sort and filter NFTs by creator, price, collection, rarity, and more.
![Indexing NFTs](img/uc-nft-indexing.png)
See:
- [Clio setup](install-clio-on-ubuntu.html)

10
content/use-cases/tokenization/digital-artist.md
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@@ -42,6 +42,8 @@ See [Mint and Burn NFTokens](mint-and-burn-nfts-using-javascript.html).
You transfer NFTs by creating a sell offer. See [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Transferring NFTs](img/uc-nft-transferring-nfts.png)
You can sell your NFTs in an auction format. See [Running an NFT Auction](nftoken-auctions.html).
### Reserve requirements
@@ -50,6 +52,8 @@ There are several XRP reserve requirements when you mint NFTs for sale. Each NFT
Each `NFTokenOffer` object requires a reserve of 2 XRP.
![Reserves](img/uc-nft-reserves.png)
When you post the `NFTokenOffer` or sell the NFT, there are trivial transfer fees (roughly 6000 drops, or .006 XRP). When you are selling at a high volume, the trivial amounts can add up quickly, and need to be considered as part of your cost of doing business.
See:
@@ -62,6 +66,8 @@ See:
The most straightforward payment for XRPL NFTs is XRP. For examples of selling and buying NFTs using XRP, see [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Checkout](img/uc-nft-checkout.png)
For trade in other currencies, you can leverage the DEX to accept and convert issued currencies of all kinds. See [Trade in the Decentralized Exchange](trade-in-the-decentralized-exchange.html#trade-in-the-decentralized-exchange).
@@ -69,6 +75,8 @@ For trade in other currencies, you can leverage the DEX to accept and convert is
When listing NFTs for sale, it can be useful to use object metadata to organize them. You can use queries in the XRPL libraries, the Clio server, and extensions in the XRPL API and Bithomp libraries to sort and filter NFTs by creator, price, collection, rarity, and more.
![Indexing NFTs](img/uc-nft-indexing.png)
See:
- [Clio setup](install-clio-on-ubuntu.html)
@@ -80,4 +88,6 @@ See:
There are some workflows where it makes sense for the issuer to retain the right to burn the token at some point in the future, regardless of the current owner. For example, NFTs used for carbon credits can be minted and traded, but once the carbon is captured, the NFT can be burned so that it is no longer transferable. For these scenarios, set the `lsfBurnable` flag when you mint the NFT.
![Burning NFTs](img/uc-nft-burn.png)
Another example might be burning an in-game asset that is lost by a player after losing a life in the game. You might also burn an NFT ticket after successful redemption to prevent it from being used again.

18
content/use-cases/tokenization/nft-mkt-overview.md
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@@ -57,6 +57,8 @@ The NFToken URL is a link to the location where the content of the NFT is stored
If you, as the issuer, want to be able to burn the token in the future, set the `Flags` field to _1._ To make the NFT transferable, set the `Flags` field to _8_. Set the `Flags` field to _9_ to make the NFT both burnable and transferable. See [Burnable flag](nftoken.html) and [Transferable flag](nftoken.html).
![Burning a token](img/uc-nft-burn.png)
You can collect royalties from future sales by setting a <code>transfer fee<em>. </em></code>This is a value from 0-50000 representing 0-50% of the sale price. See [Transfer Fee](nftoken.html#transferfee).
You can mint NFTs in logical collections using the `TokenTaxon` field. See [Minting NFTs into Collections](nft-collections.html).
@@ -76,12 +78,18 @@ Each `NFTokenPage` holds 16-32 NFTs. Minting a large number of NFTs can tie up a
Set up a new wallet. See [Xumm](https://xumm.app/).
<div align="center">
<img src="img/uc-software-wallet.png" width="50%" height="50%" align="center"></img>
</div>
When you set up your account, keep in mind that there is a base reserve requirement of 10 XRP. See [Reserves](reserves.html#base-reserve-and-owner-reserve).
### Transferring NFTs
You transfer NFTs by creating a sell offer or accepting a buy offer. See [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Transferring NFTs](img/uc-nft-transferring-nfts.png)
You can sell your NFTs in an auction format. See [Running an NFT Auction](nftoken-auctions.html).
You can act as a broker, connecting sellers with bidders, completing the transfer and keeping a percentage of the purchase price. See [Broker a NFToken sale](broker-an-nft-sale-using-javascript.html).
@@ -92,6 +100,8 @@ There are several XRP reserve requirements when you mint NFTs for sale. Each NFT
Each `NFTokenOffer` object requires a reserve of 2 XRP.
![Reserves](img/uc-nft-reserves.png)
When you post the `NFTokenOffer` or sell the NFT, there are trivial transfer fees (roughly 6000 drops, or .006 XRP). When you are selling at a high volume, the trivial amounts can add up quickly, and need to be considered as part of your cost of doing business.
See:
@@ -104,6 +114,8 @@ See:
The most straightforward payment for XRPL NFTs is XRP. For examples of selling and buying NFTs using XRP, see [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Checkout](img/uc-nft-checkout.png)
For trade in other currencies, you can leverage the DEX to accept and convert issued currencies of all kinds. See [Trade in the Decentralized Exchange](trade-in-the-decentralized-exchange.html#trade-in-the-decentralized-exchange).
<!--
@@ -114,7 +126,11 @@ For trade in other currencies, you can leverage the DEX to accept and convert is
## Indexing NFTs
When listing NFTs for sale, it can be useful to use object metadata to organize them. You can use queries in the XRPL libraries, the Clio server, and extensions in the XRPL API and Bithomp libraries to sort and filter NFTs by creator, price, collection, rarity, and more.
When listing NFTs for sale, it can be useful to use object metadata to organize them.
![Indexing NFTs](img/uc-nft-indexing.png)
You can use queries in the XRPL libraries, the Clio server, and extensions in the XRPL API and Bithomp libraries to sort and filter NFTs by creator, price, collection, rarity, and more.
See:

16
content/use-cases/tokenization/nftoken-marketplace.md
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@@ -27,15 +27,18 @@ When you set up a serious marketplace site with high volume, it justifies the de
Set up a new wallet. See [Xumm](https://xumm.app/).
<div align="center">
<img src="img/uc-software-wallet.png" width="50%" height="50%" align="center"></img>
</div>
Base reserve requirements See [Reserves](reserves.html#base-reserve-and-owner-reserve).
Current wallet options on XRPL: This is a good opportunity for XRPL to highlight wallet providers in the ecosystem
### Transferring NFTs
You transfer NFTs by creating a sell offer or accepting a buy offer. See [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Transferring NFTs](img/uc-nft-transferring-nfts.png)
You can sell your NFTs in an auction format. See [Running an NFT Auction](nftoken-auctions.html).
You can act as a broker, connecting sellers with bidders, completing the transfer and keeping a percentage of the purchase price. See [Broker a NFToken sale](broker-an-nft-sale-using-javascript.html).
@@ -45,6 +48,8 @@ You can act as a broker, connecting sellers with bidders, completing the transfe
There are several XRP reserve requirements when you mint NFTs for sale. Each NFToken page requires a reserve of 2 XRP. A NFToken page can store 16-32 NFTs.
![Reserves](img/uc-nft-reserves.png)
Each `NFTokenOffer` object requires a reserve of 2 XRP.
When you post the `NFTokenOffer` or sell the NFT, there are trivial transfer fees (roughly 6000 drops, or .006 XRP). When you are selling at a high volume, the trivial amounts can add up quickly, and need to be considered as part of your cost of doing business.
@@ -55,7 +60,6 @@ See:
2. NFToken page ([Owner reserve](nft-reserve-requirements.html#owner-reserve))
3. Trivial [transfer fees](transfer-fees.html)
You can learn more about brokered sales in the topic [Trading Tokens on the XRP Ledger](non-fungible-token-transfers.html).
Learn more about token transfer fees in the topic [Transfer Fees](transfer-fees.html).
@@ -66,12 +70,16 @@ You can get started building a brokered sales marketplace by following the steps
The most straightforward payment for XRPL NFTs is XRP. For examples of selling and buying NFTs using XRP, see [Transfer NFTokens](transfer-nfts-using-javascript.html).
![Checkout](img/uc-nft-checkout.png)
For trade in other currencies, you can leverage the DEX to accept and convert issued currencies of all kinds. See [Trade in the Decentralized Exchange](trade-in-the-decentralized-exchange.html#trade-in-the-decentralized-exchange).
## Indexing NFTs
When listing NFTs for sale, it can be useful to use object metadata to organize them. You can use queries in the XRPL libraries, the Clio server, and extensions in the XRPL API and Bithomp libraries to sort and filter NFTs by creator, price, collection, rarity, and more.
![Indexing NFTs](img/uc-nft-indexing.png)
See:
- [Clio setup](install-clio-on-ubuntu.html)