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@@ -4,11 +4,11 @@ title: Multi-redeemable NFTs | |
description: An extension of ERC-721 which enables an NFT to be redeemed in multiple scenarios for either a physical or digital object | ||
author: RE:DREAMER Lab <[email protected]>, Archie Chang (@ArchieR7) <[email protected]>, Kai Yu (@chihkaiyu) <[email protected]>, Yonathan Randyanto (@Randyanto) <[email protected]> | ||
discussions-to: https://ethereum-magicians.org/t/eip-6672-multi-redeemable-nfts/13276 | ||
status: Draft | ||
status: Review | ||
type: Standards Track | ||
category: ERC | ||
created: 2023-02-21 | ||
requires: 721 | ||
requires: 165, 721 | ||
--- | ||
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## Abstract | ||
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## Motivation | ||
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[ERC-5560](./eip-5560.md) enables only one-time redemption of an NFT, which means the same NFT cannot be re-used for another redemption from different campaigns or events. Our proposed multi-redeemable NFT is an improved alternative to the [ERC-5560](./eip-5560.md) redeemable NFT. One use case for an NFT that can be redeemed multiple times in various scenarios is a digital concert ticket. The NFT could be redeemed for access to the online concert and then again for exclusive merchandise, a meet and greet with the artist, or any exclusive commerce status that is bound to the NFT. Each redemption could represent a unique experience or benefit for the NFT holder. | ||
The motivation behind our proposed NFT standard is to provide a more versatile and flexible solution compared to existing standards, allowing for multi-redeemable NFTs. Our proposed NFT standard enables multi-redeemable NFTs, allowing them to be redeemed in multiple scenarios for different campaigns or events, thus unlocking new possibilities for commerce use cases and breaking the limitation of one-time redemption per NFT. | ||
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One use case for an NFT that can be redeemed multiple times in various scenarios is a digital concert ticket. The NFT could be redeemed for access to the online concert and then again for exclusive merchandise, a meet and greet with the artist, or any exclusive commerce status that is bound to the NFT. Each redemption could represent a unique experience or benefit for the NFT holder. | ||
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## Specification | ||
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/// @title ERC-6672 Multi-Redeemable NFT Standard | ||
/// @dev See https://eips.ethereum.org/EIPS/eip-6672 | ||
/// Note: the ERC-165 identifier for this interface is 0x4dddf83f. | ||
interface IERC6672 /* is IERC721 */ { | ||
/// @dev This event emits when an NFT is redeemed. | ||
event Redeem( | ||
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