Multiwrap
The Multiwrap contract lets you wrap ERC20, ERC721 and ERC1155 tokens into a new wrapped ERC721 NFT. The wrapped NFT can be unwrapped (burned) back into the underlying tokens.
The wrapped NFT itself also acts as an ERC721 token, which can have the metadata you'd expect of an NFT, such as a name, image, description, etc.
You could use the Multiwrap contract to:
- Combine multiple NFTs into one NFT with new metadata
- Wrap NFTs along with ERC20 tokens to easily trade them for other NFTs
- Create a transparent "bundle" in your game, where the contents of the bundle are visible to the player
For a detailed exploration of how the multiwrap smart contract works, why it was built, and it's limitations, visit our Multiwrap Design Doc!
Learn how to create and configure your smart contract using the dashboard.
To configure the image, name, and description of the contract, click the Settings tab:
From the Settings tab, you also configure the royalty fee.