You are using MultiversX
mainnet
Switch to Devnet?

Change properties of a meta ESDT

The manager of an meta 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

The token manager can transfer NFT/SFT/Meta creation role

In the MultiversX ecosystem, the manager of a meta ESDT (NFT) token holds the authority to modify the properties of the token. This capability allows the manager to adjust individual or multiple properties simultaneously to adapt to evolving needs or market conditions. However, for these modifications to be permissible, the token must have the canUpgrade property enabled. When this property is active, it signifies that the token's attributes are not fixed and can be upgraded or changed post-issuance, providing significant flexibility in managing the token's lifecycle and utility.

This feature is especially important for NFTs on the MultiversX platform, as it supports continuous improvement and adaptation of token attributes. It allows token managers to respond to user feedback, technological advancements, or regulatory changes by updating the token's properties. By enabling the canUpgrade property, MultiversX ensures that NFTs can remain relevant and functional over time, enhancing their value and utility in a dynamic digital asset environment. This adaptability is crucial for maintaining the competitiveness and usefulness of NFTs within the ever-evolving landscape of blockchain technologies.

Buildo (v0.14.2) Disclaimer and Privacy Policy