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  1. Standards

EIP5606 Multiverse NFT

PreviousEIP5218 NFT Rights ManagementNextVersatile NFTs

Last updated 1 month ago

Intro

Defines an API for managing NFT Licenses, and provides basic functionality to create, transfer and revoke licenses. And to determine the current licensing state of an NFT. It doesn't define the legal details of the license, instead provides a structured framework for recording licensing details

"An attempt to address the interoperability aspect of NFTs and “true” ownership across platforms."- medium article author

"This specification defines a minimal interface to create a multiverse NFT standard for digital assets such as wearables and in-game items that, in turn, index the delegate NFTs on each platform where this asset exists. These platforms could be metaverses, play-to-earn games or NFT marketplaces. This proposal depends on and extends and . The standard also allows for the ‘bundling’ and ‘unbundling’ of these delegate NFTs within the multiverse NFT so holders can trade them individually or as a bundle." - EIP Author

"This EIP attempts to provide a standard to facilitate rights management of NFTs in the world of Web3. In particular, smart contracts allow all licenses to an NFT, including the root license issued to the NFT owner and sublicenses granted by a license holder, to be recorded and easily tracked with on-chain data."- EIP Author

This standard aims to unify all the same digital assets NFT on various platforms.

Medium article about this EIP: https://medium.com/coinmonks/multiverse-nft-eip-5606-f7494bce2152 EIP source https://eips.ethereum.org/EIPS/eip-5606

EIP-721
EIP-1155
EIP-5218