README.md

🔐 DaVinciGraph NFT Locker V2

Lock Your NFTs Safely on Hedera

Contract ID: 0.0.8215501

🎯 What is NFT Locker?

A secure way to lock your NFTs for a specific time period. Ideal for controlled NFT distribution and ensuring that team or special edition NFTs are transferred only when intended.

🎮 How to Use It?

1. Lock Your NFT

   • Choose the NFT you wish to lock.
   • Specify the beneficiary who will receive the NFT when the lock period ends.
   • Set the lock duration.

2. During the Lock

   • Only the beneficiary can extend the lock duration.
   • All lock details are publicly viewable.

3. When Lock Ends

   • Anyone can trigger the withdrawal
   • Only the beneficiary account will receive the NFT

💰 Fees

• All fees are paid in DAVINCI tokens
• Maximum fee: 200 DAVINCI
• Fee structure:
  • Creating a new lock: 50 DAVINCI
  • Extending lock duration: 50 DAVINCI
• No fees for:
  • Withdrawing unlocked NFT
  • Checking lock information
  • Token association operations
• Some accounts can be fee-exempt

✅ What Can You Lock?

• Hedera NFTs (excluding those with royalties and fallback fees).

❌ What Can't You Lock?

• NFTs with royalties and fallback fees.
• Multiple NFTs in one lock (each NFT requires an individual lock).

👥 Who's Who?

• Creator: Person who creates and sets up the lock
• Beneficiary: Person who receives and withdraws NFT can be the Creator or different people!

🔑 Lock Control

• Beneficiary can:

  • Extend the lock duration
  • Withdraw NFT after lock ends

🤝 Need Help?

• Visit DaVinciGraph
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