01 — Introduction
What is Nodo NFT
Nodo NFT turns a fixed amount of an ERC-20 token into a single, tradeable NFT — and back again — with no custodian, no admin key and no second transaction.
A token balance is fungible by definition: one unit is indistinguishable from the next, and a market can only price it per unit. An NFT is the opposite — it is a specific thing, with a specific history, that a marketplace can list, an auction can bid on and a wallet can display. Nodo NFT is the bridge between those two shapes.
Lock 1,000,000 $NODO and you get one NFT. The NFT is not a receipt sitting in a database somewhere; it is the key. Whoever holds it holds the exclusive right to unlock the tokens behind it. Sell the NFT and the tokens travel with it, automatically, because nothing about the vault ever needed to change hands separately.
- One NFT is always backed by exactly 1,000,000 $NODO. Never more, never less.
- The vault address is derived from the NFT token id, so the binding is arithmetic, not bookkeeping.
- Zero protocol fee on wrap and on unwrap. The only cost is chain gas.
- Plain ERC-721 out, plain ERC-20 in — every EVM wallet and marketplace already supports both.
- No proxy, no upgrade path, no admin able to reach into a vault.