♻ Dynamic NFTs

dNFTs a new case for non-fungible tokens

NFTs, a standout innovation in blockchain and DeFi, herald a transition to real-world applications. Yet, their full potential in tangible use cases has remained largely untapped. Coded Estate stands at the vanguard of realizing this potential, pioneering the use of dynamic NFTs (dNFTs) that are responsive to real-world changes. These dNFTs are designed to adapt their metadata based on external events and data, enhancing both their utility and versatility.

Users can mint their real estate assets as dNFTs, which initially lack metadata, forging a digital representation that mirrors the asset's real-world attributes. Via the Coded Estate dashboard, users can subsequently update this metadata to reflect specific characteristics of their real estate, ensuring the dNFT serves as an accurate, transparent, and secure digital counterpart of their tangible property on the blockchain.

As an example the dynamic NFT reflects maintenance history with any upgrades and required documents included as well as a sales history and other metrics.