Hello. I have a question regarding how NFT works.. When

Question

Hello. I have a question regarding how NFT works.. When

people exchange NFT for goods in the game, for example the seeds or cardigan or shoes,... will their NFT disappear after they receive the goods? Will they lost that NFT forever?
Or, will the NFT use the redeem mechanism where the NFT holders can redeem/claim goods without ever losing their NFT?

#blockchain #cryptocurrency #english #myneighboralice

0

28.09.2021

6 ответов

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Ahn Автор вопроса

In case they are burnt, that means the supply will follow a deflation model? (given that the NFTs (for example, those NFT on Binance) are of limited release, and team won't mint the exactly same goodies ever again?)

0

28.09.2021

Oswald

If it gets burned. Usually what gets burned are high minted volume NFTs. Limited NFTs will stay as it is forever. Let’s wait for more info about this. Usually these kinds of things can appear on later parts of development

0

28.09.2021

Marci

So nft on binance are limited right!?

0

28.09.2021

Oswald

Yup most NFTs in binance are limited

0

28.09.2021

Oswald

https://t.me/MyNeighborAlice/284750

0

28.09.2021

Oswald · Accepted Answer

Oswald

It really depends, if those NFTs are burned after the exchange/transaction then it will dissapear forever. There are many mechanisms that can come into play in the future mostly for the sustainability of the project

0

28.09.2021

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Hello. I have a question regarding how NFT works.. When

6 ответов

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