How Will ERC-6960 Revolutionize Real-World Assets
Last updated
Last updated
ERC-6960 introduces a groundbreaking approach to structuring and managing real-world assets onchain. Its dual-layer architecture—featuring mainId
for asset identity and subId
for modular rights—unlocks a wide range of benefits that dramatically improve how RWAs are tokenized, owned, and traded.
Structured Ownership Layers : ERC-6960 allows assets to be represented with nested ownership structures—enabling more organized handling of rights like usage, control, and revenue-sharing across different parties.
Streamlined Developer Experience : Developers can manage complex assets with multiple traits or stakeholders without the convoluted logic typically needed in ERC-721 or ERC-1155.
Dual-Layer Architecture : By separating asset identity (mainId
) from modular rights (subId
), ERC-6960 allows for lightweight transactions and state changes—crucial when dealing with thousands of fractionalized asset pieces.
Optimized for Real World Complexity : Whether it’s a real estate asset with multiple rental rights, or a royalty contract with many stakeholders, ERC-6960 can scale without sacrificing performance or flexibility.
Composability with Ecosystems : ERC-6960 is designed to integrate smoothly with wallets, marketplaces, DeFi protocols, and dApps—paving the way for seamless interaction across platforms.
Standardized Interactions : Interoperability between various tokenized assets becomes easier, promoting adoption in sectors like finance, supply chains, and creative industries.
Adaptable to Diverse Use Cases : From tokenizing music royalties to structured equity ownership, the modular nature of ERC-6960 enables developers to tailor tokens to fit real-world logic more closely.
Enabling New Business Models : With programmable rights embedded into subIds, businesses can now tokenize and automate access, revenue-sharing, or usage in ways never before possible with legacy standards.