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GenFT stands out by its dual compatibility with ERC-20 and ERC-721 standards, facilitating a flexible transaction system within the 0xTOWN ecosystem.

πŸ”„ Standard Transactions

When engaging in standard transactions, users can rely on familiar ERC-20 and ERC-721 protocols. This dual nature ensures that GenFTs can be sent and received with ease, making them accessible to a wide range of users and platforms.

πŸͺ™ ERC-20: Receiving a Silhouette

Transacting with GenFT as an ERC-20 token means that the receiver, whether receiving GenFT from another wallet or from an exchange withdrawal, will obtain a silhouette NFT. This represents the potential of a new GenFT character that is yet to be revealed. GenFT Transaction

πŸƒ ERC-721: Consistent Attributes

However, when GenFT is sent as an ERC-721 token, the recipient receives the exact 0xTOWN character, complete with its unique attributes, ensuring the character’s identity and story remain intact through the transfer. The interplay between ERC-20 and ERC-721 standards within GenFT transactions provides users with the flexibility to interact with the 0xTOWN universe in a way that suits their preferences, whether they are trading potential through silhouettes or established characters with defined attributes.