Ethereum Improvement Proposals (EIPs) are design documents that specify standards for the Ethereum platform. They provide information on suggested changes to the Ethereum protocol, including core protocol specifications, client APIs, and contract standards. EIPs are created by developers, reviewed by the Ethereum community, and then accepted or rejected by the Ethereum Foundation. They are a key part of the Ethereum protocol and are essential for the development and maintenance of the network.
Clopr's EIP illustration
Clopr's EIP protocol allows Non-Fungible Tokens (NFTs) to own digital assets (NFTs) on the blockchain. For example, when a CloprBottle NFT filled with StoryPotion is consumed, a Story NFT is created and linked to JIRA#164. This Story NFT will forever remain the property of JIRA#164 as secured by the blockchain.
However, there are certain aspects that must be taken into consideration:
The Story NFT belongs to JIRA#164 and not the Wallet (It is not a Soulbound Token).
The Story NFT cannot be sold or transferred.
The Story NFT is tied to JIRA#164. Whoever owns JIRA#164 owns the Story NFT as well (It is Tokenbound):
If someone sells JIRA#164, they loses ownership of JIRA#164's Story NFT as well
If someone buys JIRA#164, they gains ownership of JIRA#164's Story NFT as well
Clopr will publish its EIP after the CloprBottle NFT mint to show proof of concept to the Ethereum community.
*To read some cool ERC papers: click here.