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Freeze/Unfreeze a single non-fungible ESDT

The manager of an ESDT token may freeze the non-fungible ESDT held by a specific Account. As a consequence, no non-fungible ESDT can be transferred to or from the frozen Account. Freezing and unfreezing a single non-fungible ESDT of an Account are operations designed to help token managers to comply with regulations.

Please choose the type of the operation. Freeze or Unfreeze.

Freeze an address

Unfreeze an address

Please provide your token id

Please provide the account that holds the non-fungible ESDT to freeze/unfreeze.

The capability to freeze non-fungible tokens (NFTs) within the eStandard Digital Token (ESDT) framework provides token managers with a powerful tool for regulatory compliance and asset control. When a manager freezes an NFT, the specific account holding that NFT is restricted from executing any transfers, effectively immobilizing the asset. This feature is essential for managing risk and enforcing compliance with legal frameworks that may require intervention in the transfer of digital assets under certain circumstances. Such functionality not only aids in adhering to regulatory requirements but also ensures that token ecosystems maintain integrity and trust among users.

Unfreezing a non-fungible ESDT is equally critical as it allows for the restoration of liquidity and transferability to the asset, which can be crucial for the account holder. These operations, while straightforward, play a significant role in the broader scope of digital asset management, offering token managers the flexibility to respond to legal orders, participate in judicial proceedings, or simply manage their assets more effectively. For platforms implementing ESDT, providing clear guidelines and tools for these processes is crucial in fostering a secure and compliant trading environment. This ability significantly enhances the utility and governance of digital assets, making the ESDT framework a versatile choice for developers and asset managers in the blockchain space.

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