NFT
An Non-Fungible Token (NFT) means a token that exist as-is and cannot be broken down into smaller pieces or combined to one larger NFT.
Overview
| Attribute | Delegator NFT | Validator NFT | Other NFTs |
|---|---|---|---|
| Collection ID | ✅ | ✅ | ✅ |
| Item ID | ✅ | ✅ | ✅ |
| Owner | ✅ | ✅ | ✅ |
| Nominal Value | ✅ | ✅ | ❌ |
| Expiration | ✅ | ❌ | ❌ |
| Image | ✅ | ❌ | ❌ |
Validator NFT
Validator NFTs (also called Permission NFTs) give you permission to run a validator node on the network and gain rewards based on it's stake.
There are two types of Validator NFTs:
- Proof of Stake (PoS) Validator NFT
- Delegated Proof of Stake (DPoS) Validator NFT
DPoS Validator NFTs are PoS Validator NFTs, but with the added ability to receive delegations (stakes from other users).
Delegator NFT
Delegator NFTs can be used to delegate to DPoS validator nodes. You will receive reward based on the nominal value of the delegator NFT.
Other NFTs
Additionally, any user can create their own NFT collection and mint them on the chain.