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Home - Charged Ico Review: NFT Can Contain Digital Assets

Charged Ico Review: NFT Can Contain Digital Assets

Magnesia
Last updated: 11/02/2023 8:40 pm
Magnesia
ICO
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Charged Ico Review: NFT Can Contain Digital Assets
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About Charged Ico

Charged Ico Particles is a protocol that allows users to deposit ERC-20, 721, and 1155 tokens into an NFT. The principal (mass) and accrued interest (charge, if applicable) are both fully programmable. The first DApp live on the Charged Particles Protocol is specifically for CryptoArt & CryptoCollectibles. The DApp showcases a number of features of the protocol in an easy-to-use interface for users. Docs will be released later in 2021 to allow additional DApps leveraging more features available in the Charged Particles Protocol.

Contents
  • About Charged Ico
    • How It Works
      • MINT NFT
      • Charge NFT
      • Configurable Principal
      • Programmable Interest
      • Programmable Discharge
    • Now, every NFT can contain digital assets.
      • Deposit Tokens
      • Configure Principal
      • Program Interest
    • A New Protocol
      • Multi-Wallet Support
      • Clear, Unified Design
    • Team
      • Rob Secord
      • Ben Lakoff, CFA

Your NFT is transformed into a basket that is able to hold multiple ERC tokens, even other NFTs. Charged easiest use case is to create an NFT, and deposit tokens into that NFT. There are a LOT of use cases. Check out the Team Page. They have a very wonderful group of community members, If you’d like to contribute to what we’re building, feel free to join the community on Discord.

ICODETAILS
Company NameCharged Ico
Token SymbolIONX
Participants960
IDO Price$ 0.200
Token Sale1,000,000
PlatformBinance Smart Chain
Email Supportinfo@charged.fi
LanguageEnglish
Support24/7
StatusActive
AddressToronto, Ontario, Canada.
Social SupportYes
WebsiteHomepage

How It Works

MINT NFT

Users are able to leverage the Charged Particles Protocol to mint/create new Non-Fungible Tokens (NFTs). In the future, you’ll be able to take ANY NFT you might own, and thus be able to bypass the minting station.

NFTs minted at the Charged Particles minting station are standard, non-custodial NFTs, held in your wallet – yours to trade, transfer, sell, etc. just like any other NFT – but able to be energized and add a charge.

Charge NFT

The Charged Ico Particles Protocol allows users to deposit a primary asset such as DAI into their NFTs – or give them a CHARGE.

You are able to deposit ANY ERC token into your NFT – even deposit other NFTs!

That primary asset (e.g. DAI) is then converted to the corresponding yield-bearing asset (e.g. aDAI) automatically upon deposit.

Principal and interest from the deposit asset in then “locked” into the NFT.

Configurable Principal

The principal amount is configurable. Do you want a time lock until that asset can be withdrawn? Possible. Additional features at the protocol level (but not in the DApp) include things like the ability to burn the NFT to retrieve the principal amount.

Programmable Interest

Your primary asset (e.g. DAI) has now been converted into a yield-bearing asset (e.g. aDAI). The interest generated from this asset is then programmable. Want a portion to go to charity? Want to always have a portion back to you (the creator)? You decide.

Programmable Discharge

You decide what happens to the principle and accrued interest associated with your NFT. You can opt for the NFT to be ‘melted down’ or destroyed to unlock the value – or the “charge (accrued interest)” can always be withdrawn by the NFT owner.

Now, every NFT can contain digital assets.

Deposit Tokens

Charged Ico NFT is capable of holding multiple ERC-20 Tokens and even other NFTs.

Configure Principal

Deposited assets in your NFT can be time-locked.

Program Interest

Integration with Aave for DeFi Assets support — your NFT can earn yield that is completely programmable. Direct it wherever you’d like.

A New Protocol

NFT Agnostic. Token Agnostic. The Charged Particles Protocol allows users to deposit any ERC tokens into any Non-Fungible Token (NFT). A scarce NFT (e.g. art, collectibles, virtual real estate, in-game items, etc) can now be transformed into a basket holding a number of other tokens. Customizable time-locks and programmable yield offer infinite ability for creativity.

Multi-Wallet Support

Choose from your favorite wallet or suggest one if it is not listed below. You’re in charge!

Clear, Unified Design

They value quality design and an easy user experience. Jump in and make your NFTs more interest-ing.

Team

Rob Secord

FOUNDER, VISIONARY, TECHNICAL LEAD

Ben Lakoff, CFA

CO-FOUNDER, BUSINESS LEAD

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