Cyberpunks World
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  2. NFT Infrastructure

NFT Escrow/Barter

PreviousNFT Lend/BorrowNextFT Infrastructure

Last updated 2 years ago

NFT - Non-fungible tokens.

FT - Fungible tokens.

This service will be used by users who want to safely exchange their NFTs for a set of other NFTs or FTs.

Let's say one player wants to barter their unique armor set for a few weapons and an additional amount of FT; they might use the escrow service for a safe P2P transaction.

The escrow service involves two players who want to exchange in-game items securely without needing to trust each other.

Both players place the agreed-upon assets into the escrow contract and verify that all assets have been added.

Then, both parties approve the escrow transaction so it can be executed by the smart contract.

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NFT Escrow/Barter Example