1x1
Overview
The 1x1 tokenization model enables the creation of smart contracts that issue text-based tokens with the 1:1 output format.
Compared to the A4, the 1x1 model employs a tokenization framework designed for shorter text records, resulting in lighter text-based tokens. This approach naturally reduces network costs, making 1x1-based tokens more cost-effective and scalable, particularly advantageous for use cases that demand high-frequency deployments or transactions.
Customizable
The 1x1 tokenization model is highly customizable in defining token design:
Token economics can range from unique, indivisible items (0 decimals) to widely distributable assets with varying levels of granularity (from 1 to 18 decimals).
Token outputs can include (1) the insertion of a logo; (2) the insertion of a background watermark; (3) a custom background color; (4) a custom text color; (5) a custom border radius, and (6) a custom text font family.
Composable
Built upon the ERC-404 standard, 1x1-based smart contracts can be seamlessly integrated into any ERC-20 or ERC-721 application.
Intended Use Cases
The 1x1 tokenization model is designed for tokenizing certificates.
1x1-based tokens can be employed in multiple use cases, from AI to finance.
AI
The 1x1 tokenization model can be integrated as part of AI-related frameworks.
1x1 ensures that every critical piece of text-based content generated during AI-related processes can be permanently recorded, transparent, and immutable, offering unparalleled provenance — from AI models prompts to AI agents interactions to DeFAI applications' data stamping.
Finance
The 1x1 model can be employed for tokenizing non-fungible RWAs, such as real estate, artworks, and rare items.
Tokenizing non-fungible RWAs require comprehensive and easily accessible metadata embedded within the tokens to describe their specifications and uniqueness, ensuring strict adherence to provenance standards. The 1x1 tokenization model solves this through highly customizable text-based tokens.
On the one hand, 1x1 provides fractionalization and fungibility for tokenized RWAs, enabling the creation of liquid financial instruments upon traditionally illiquid assets (real estate, artworks, and rare items). 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.
Highly composable, 1x1-based tokens can be traded via Uniswap (as ERC-20) and via OpenSea (as ERC-721).
Parameters
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
Advanced options
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
Trademark
Insert an Xyxyx trademark in the token output
optional
Additional Learning Resources & Background
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