Updated 64 days ago

TBAs: Archway Edition

Empowering the Future of Digital Identity with Token Bound (NFT) Accounts

  • Crypto / Web3
  • Metamask
  • DAO / Community
  • NFT
  • GameFi
  • Account Abstraction
  • Archway
  • App Chain
  • Stargaze
  • Mobile
  • Keplr

Token Bound Accounts (TBA) revolutionizes how users interact with their digital assets by enabling the creation of smart contract-based accounts linked to any non-fungible token (NFT). This innovative toolset provides unparalleled flexibility and functionality, ensuring backward compatibility with all existing NFT collections.

Our newly developed account contracts introduce customizable credentials, allowing users to integrate popular wallets like Metamask directly into their NFT accounts. This feature simplifies the process of authorizing future actions, enhancing the user experience and security.

The Archway version of our contract employs the cutting-edge CW-Fees module, allowing NFT accounts to utilize their funds for gas fees without relying on third-party services. This brings the power of account abstraction to the forefront, making on-chain interactions seamless and efficient.

Key Features

  • NFT Token Bound Account Creation: Seamlessly create smart contract-based accounts linked to any NFT, turning your NFTs into versatile digital identities.
  • Multi-Chain Support: Our solution is compatible across multiple blockchain networks, providing users with a broad range of options for their digital assets.
  • Flexible Access Options: Access your NFT account using native wallets, any Cosmos wallet via public key, or even a Metamask wallet with Metamask signing.
  • Comprehensive Asset Management: Easily manage your digital assets by depositing, withdrawing, and transferring tokens and NFTs within your account.
  • Staking and Governance: Stake deposited currencies with validators to earn rewards and participate in governance proposals using your NFT account, ensuring your voice is heard in the community.
  • On-Chain Identity: Transform your NFT into a comprehensive on-chain identity capable of performing a wide range of on-chain actions.
  • Package delivery: When you sell your NFT, you will also transfer ownership of it's entire inventory to the new owner
  • Archway Rewards Integration: Utilize Archway's rewards module to drive back rewards to Archway users, enhancing the overall value and incentive structure for the community.

Business Model

The business model around TBA is centered on the creation of a TBA account. When users initialize the account creation function, they are required to pay a creation fee. This creation fee serves as the sole revenue stream for the platform. As adoption and the number of users grow, this model scales accordingly, generating more revenue with increased platform use. Given that the application supports multiple blockchain networks, the same revenue model can be applied on a per-chain basis, ensuring consistent income across different ecosystems.

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Token Bound Accounts bring a new level of autonomy and customisation to your digital presence. Embrace the future of on-chain identity and asset management with TBAs