In Brief:
- Pak unveils a new invisible mechanism named “move”.
- With “move” creators can control their NFTs.
- Now creators can themselve transfer NFTs to the wallet they choose.
Pak unveils the real reason behind his Hate NFTs. Pak introduces this to everyone to a completely new contract called “move” with an “invisible mechanism”.
The move is a mechanism that allows a contract creator to transfer any token in the contract from its current wallet to any wallet of his or her choosing.
Address owners will have no authority over the token, as they can’t buy, sell or even transfer this token. Now, a contract admin. can mint, burn, and move tokens at will. The tokens are locked automatically when minted. Only an admin. can lock or unlock the tokens.
With this new mechanism, Pak has brought a new power into the creators’ hands. PAK describes the contract as CREATION OBEYS ITS CREATOR.
This contract ensures that whoever creates the token must control the token. In this case, it’s the artist.
With these smart contracts Pak has changed the view on the market. Normal mechanics which we used are going to change soon.
Pak has also shared the contract via Twitter for everyone to understand. You can check it here which has been written by manifold.xyz.
To premier this Invisible mechanism he sent his top 30 haters with the first batch of NFT tokens, developed with this mechanism. When they found out that they only possess these NFTs and cannot use them. Haters even joked about selling off these NFTs by selling their private keys.
