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Change properties of a fungible ESDT

The manager of an ESDT token may individually change any of the properties of the token, or multiple properties at once. The token should have the canUpgrade property set to true.

Due to API caching, changes may not be visible immediately.

Please provide your token id

Set new properties set for the ESDT token.

The token manager can assign a specific role(s). Important for token management.

The token manager may change these properties. Without it you won't be able to change these properties in the future

The token manager may freeze the token balance in a specific account, preventing transfers to and from that account

The token manager may wipe out the tokens held by a frozen account, reducing the supply

The token manager may prevent all transactions of the token, apart from minting and burning

Token management can be transferred to a different account

In the rapidly evolving landscape of blockchain technology, the ability for a manager of an eStandard Digital Token (ESDT) to modify the properties of the token represents a significant advantage. This flexibility allows the manager to adjust any single property or simultaneously change multiple properties, tailoring the token to meet shifting market demands and regulatory requirements. To enable such modifications, the token must have the canUpgrade property activated. This feature is crucial for ensuring that ESDT tokens remain competitive and compliant, as it allows for ongoing adjustments and enhancements that can improve functionality, security, and overall performance.

The capacity to upgrade token properties is not only vital for adapting to changes in the digital currency ecosystem but also enhances the token's utility and market positioning. By allowing token managers to implement changes efficiently, the MultiversX network supports a dynamic and responsive management approach. This adaptability is essential for maintaining relevance in the face of technological advancements and changing user needs. It also ensures that stakeholders can leverage the most current features while adhering to the highest standards of security and compliance, fostering trust and stability within the blockchain environment.

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