4๏ธโฃNFT Escrow/Barter
Last updated
Last updated
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.