You are using MultiversX
mainnet
Switch to Devnet?

Stop creation

The ESDT manager can stop the creation of the token for the given ESDT forever by removing the only ESDTRoleNFTCreate role available.

Please provide your token id

Within the MultiversX blockchain ecosystem, the role of an ESDT manager encompasses significant responsibilities, including the ability to halt the creation of tokens permanently. This is achieved by removing the sole ESDTRoleNFTCreate role assigned to any address. Once this role is eliminated, no further tokens can be created under the given ESDT, effectively freezing its issuance. This feature serves as a critical control mechanism, providing token managers with the power to close the token issuance as required, whether for reasons of compliance, market stability, or strategic realignment.

This ability to stop token creation is an important aspect of token lifecycle management in the MultiversX platform. It ensures that token managers have the ultimate control over the supply and issuance of their tokens, which can be crucial for maintaining the token's value and relevance. By providing such definitive control measures, MultiversX empowers token managers to uphold stringent governance standards and adapt to evolving economic and regulatory landscapes, thus safeguarding the integrity and utility of the digital assets within its network.

Buildo (v0.14.2) Disclaimer and Privacy Policy