01What
Permanently destroys an NFT. If the NFT was minted with the burnable flag, its issuer can also burn it while someone else owns it.
02Why you'd use it
Use it to redeem things (burn a ticket at the venue door), clean up mistakes, or reduce a collection's supply.
03How
- 1Copy the NFToken ID from Account NFTs.
- 2If you are the issuer burning a burnable token held by someone else, enter their address as Owner; otherwise leave it blank.
- 3Submit and confirm tesSUCCESS. The NFT is gone forever.
Watch out
- Burning is irreversible — there is no undo on a ledger.
- You can only burn NFTs you own, unless you are the issuer of a token minted with the burnable flag.
- Burning an NFT also removes any open offers on it and can free owner reserve once a page empties.
For example
Your conference issued NFT tickets. At check-in, each scanned ticket is burned on the spot — it cannot be resold or reused, and the attendee list is simply the burn history.