Upgrade

What is Upgrade? BLASTR introduces "Upgrade" as its second unique feature for NFTs.

Should holders be genuinely dedicated to the creator or the project, they have the option to voluntarily renounce their stake by upgrading their NFT. Upon making this choice, their initial investment (the mint price) is directly transferred to the creator. This decision is entirely in the hands of the NFT holder.

Incentives for Upgrading: Creators can encourage holders to upgrade by offering special rewards. These might include exclusive content, airdrops, special discounts, or other perks that acknowledge and reward their support.

Key Points to Remember:

• Final Decision: Once upgraded, the NFT loses its refundable status. It becomes a standard NFT without the option to refund.

• Transfer Lock: An upgraded NFT cannot be sold or transferred for 7 days, ensuring a period of stability post-upgrade.