Change properties of a meta ESDT
The manager of an meta ESDT token may individually change any of the properties of the token, or multiple properties at once. The token should have the canUpgrade property set to true.
Due to API caching, changes may not be visible immediately.
In the MultiversX ecosystem, the manager of a meta ESDT (NFT) token holds the authority to modify the properties of the token. This capability allows the manager to adjust individual or multiple properties simultaneously to adapt to evolving needs or market conditions. However, for these modifications to be permissible, the token must have the canUpgrade property enabled. When this property is active, it signifies that the token's attributes are not fixed and can be upgraded or changed post-issuance, providing significant flexibility in managing the token's lifecycle and utility.
This feature is especially important for NFTs on the MultiversX platform, as it supports continuous improvement and adaptation of token attributes. It allows token managers to respond to user feedback, technological advancements, or regulatory changes by updating the token's properties. By enabling the canUpgrade property, MultiversX ensures that NFTs can remain relevant and functional over time, enhancing their value and utility in a dynamic digital asset environment. This adaptability is crucial for maintaining the competitiveness and usefulness of NFTs within the ever-evolving landscape of blockchain technologies.