INOs (Initial NFT Offerings) rely on the same lottery system than IDOs but distribute NFTs instead of tokens.
There isn't any vesting either as it wouldn't make any sense for NFTs.
In this initial version, only ERC721 tokens are supported.
The INO Contract should be able to call the mint function on the ERC721 contract.
We adopted this design as it doesn't add more trust on the minting process, the only trusted actor is the owner of the ERC721 contract aka project owner.
INOs (Initial NFT Offerings) rely on the same lottery system than IDOs but distribute NFTs instead of tokens. There isn't any vesting either as it wouldn't make any sense for NFTs.
In this initial version, only
ERC721
tokens are supported.The INO Contract should be able to call the
mint
function on theERC721
contract. We adopted this design as it doesn't add more trust on the minting process, the only trusted actor is the owner of theERC721
contract aka project owner.