X2Earn Creators NFT
The X2Earn Creator NFTs are integral to VeBetter DAO’s process for managing and validating new XApp submissions. These NFTs serve as an access key for creators, enabling them to submit their applications on-chain and engage with the VeBetter DAO endorsement process through VeChain node holders.
Overview
Purpose: X2Earn Creator NFTs are used within VeBetter DAO to authorize new XApp submissions and provide access to the endorsers (VeChain node holders). These NFTs ensure that only vetted and verified creators can submit apps for consideration.
Standard: Creator NFTs are non-transferable tokens compliant with the ERC721 standard, implemented using the OpenZeppelin (OZ) library.
Minting and Eligibility
Minting Authority: Only the X2Earn App Review Panel has the authority to mint Creator NFTs. The panel grants these NFTs if they deem the app suitable, legitimate, and ready for the endorsement process within VeBetter DAO.
Non-Transferability: Creator NFTs are non-transferable, meaning they cannot be sold or transferred to another user, ensuring that only the verified creator retains access.
Functionality and Permissions
Submission Access: Once an app creator is granted a Creator NFT, they can submit their XApp on-chain for endorsement. This submission formally registers the app within the VeBetter DAO ecosystem, allowing it to seek endorsements from node holders.
Additional NFTs for Team Members: After the initial on-chain submission, the XApp admin (creator) can mint up to two additional Creator NFTs for other team members. This provides extended access for specific collaborators without the need to undergo the entire verification process.
Single NFT Limit: A user can hold only one Creator NFT at any time. However, if they are involved in multiple XApps, they only need one Creator NFT to submit additional XApps; a new NFT is not required for each project.
Blacklisting and Burn Mechanism
Blacklisting Policy: If an XApp is blacklisted for any reason, and the creator is not associated with any other active XApp, their Creator NFT will be burned. This prevents creators of non-compliant or blacklisted apps from submitting new projects without re-approval.
NFT Burn: The burning mechanism ensures that blacklisted creators cannot bypass VeBetter DAO’s review process by holding onto their Creator NFT. This policy enhances the integrity of the ecosystem by holding creators accountable for their submissions.
Key Points for Developers
Token Standard: ERC721 (non-transferable)
Minting Authority: X2Earn App Review Panel
Max NFTs per User: One NFT per user, regardless of the number of XApps
Additional NFTs: Admins can mint up to two extra NFTs for team members
Burn Policy: Creator NFT is burned if the associated XApp is blacklisted and the user has no other active XApps
Last updated