1x1
Last updated
Last updated
The 1x1 tokenization model enables the creation of smart contracts that issue text-based tokens with the 1:1 output format.
Built upon the ERC-404 standard, which comprises features of the ERC-20 and ERC-721 standards, the 1x1 tokenization model provides flexibility in defining token design.
The model is highly customizable to suit the issuer's specific needs, ranging from unique, indivisible items (0 decimals) to widely distributable assets with varying levels of granularity (from 1 to 18 decimals).
In addition, 1x1 outputs are also highly customizable, introducing multiple features: insertion of a logo and a background watermark, custom background and text color, custom border radius, and custom text font family.
1x1 smart contracts can be seamlessly integrated into any ERC-20 or ERC-721 application. For instance, any text-based token generated by a 1x1 smart contract can be traded via Uniswap (as ERC-20) and OpenSea (as ERC-721), as exemplified by XYXYX.
1x1 is intended for tokenizing certificates.
The model is primarily designed for tokenizing non-fungible RWAs, such as real estate, artworks, rare items, and companies — enabling fractional ownership.
Given the inherent uniqueness of non-fungible assets (like real estate), their tokenization framework demands comprehensive and easily accessible metadata embedded within the tokens. This approach ensures unwavering adherence to provenance standards. The 1x1 tokenization model aims to solve this through highly customizable text-based tokens.
As a result, on the one hand, 1x1 enables fractionalization and fungibility for non-fungible assets. On the other hand, the model ensures strict adherence to provenance standards through immutable, permanent, and accessible text records embedded within the tokens and etched on the blockchain.
| Name | Description | Default |
|---|---|---|
| Name | Description | Default |
|---|---|---|
name
Defines the name of the smart contract
required
symbol
Defines the symbol of the token to be issued by the smart contract
required
supply
Defines the total supply of the token to be issued by the smart contract
required (from 1 to ∞)
decimals
Defines the decimals of the token to be issued by the smart contract
required (from 0 to 18)
background
Defines the background color that will stamp every 1 full token issued by the smart contract
#000000
text
Defines the text color that will stamp every 1 full token issued by the smart contract
#FFFFFF
font
Defines the text font family that will stamp every 1 full token issued by the smart contract
Monospace
Show deployer address
Insert the deployer address in the token output
optional
Border radius
Customize the border radius of the token output
optional (from 0 to 20px)
Upload logo
Insert a logo in the token output
optional
Upload watermark
Insert a background watermark in the token output
optional
