Detokenize Project (Drop Collection Cap)
Understanding Project Detokenization
Detokenizing a project within the Artinals protocol involves removing its administrative footprint (`CollectionCap`) after all associated tokens have been burned. Here's what you need to know:
Who Can Detokenize?
Only the original creator of the Project (Collection), the address that initially created it and owns the `CollectionCap` object, can perform this final detokenization step.
When Can a Project Be Detokenized?
This action requires the Project's Current Supply to be exactly zero (0). This is a critical safety check, ensuring all tokens representing the project's assets have been permanently burned and removed from circulation before the administrative capability is dropped.
Why is this Function Crucial?
- ✔️ Finality: It permanently removes the `CollectionCap` object associated with the project from the Artinals protocol state.
- ✔️ Prevents Future Actions: Once dropped, no further actions (like minting more tokens or managing deny lists via this specific cap) can be performed for this collection ID within the protocol.
- ✔️ Cleanup: It signifies the complete decommissioning of the project's administrative record on-chain, cleaning up storage and preventing orphaned data.
Potential Use Cases:
- ➡️ The project's lifecycle has concluded (e.g., a limited-time event ended).
- ➡️ The underlying assets the tokens represented have been retired or reclaimed off-chain.
- ➡️ The creator is migrating the project entirely off-chain or to a different system.
- ➡️ A desire to permanently remove the project's administrative footprint from the Artinals protocol after its active use.
Important: The process of burning individual tokens (using functions like `burn_art20` or `batch_burn_art20`) to reduce the supply to zero must be completed *before* you can use the Detokenize Project function on this page.