Traitify Whitepaper
Condensed.
Traitify is creating a new crypto asset class called TNFTs, aka Trait NFTs.
TNFTs are minted by traitify users through onchain stores managed by NFT teams, they can then be traded on secondary markets or applied to NFTs. Once the TNFT is applied to perform a trait upgrade, it is burned and the trait now belongs to the NFT's wardrobe.
When a holder decides to sell an NFT with mulitple TNFTs applied, the new owner will inherit the NFT and its entire wardrobe. That means the new owner can see what traits have been previously applied and toggle through them to set a combination they like.
Trait changes performed on NFTs will be reflected on all major marketplaces. We will work with marketplaces to ensure they render the latest metadata for traitify powered NFTs.
Our vision is to build a new economy of traits where NFT teams are empowered to tokenize traits and sell them to a broad consumer base who can buy TNFTs and upgrade the NFTs they own.
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