<aside> 🖼️ This is documentation for 721 Max, to trade NFT before they are minted
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<aside> 👉 Click here if you would like to learn how to apply and win whitelists
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<aside> 👉 Click here if you would like to learn how to list your NFT project
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The 721Max is an NFT wrap, where they will issue you a IOU NFT before you could minting the NFT and also people could trade it on OpenSea, LooksRare, X2Y2, and any platform that are support ERC1155 NFT tradings.
An IOU which stands for “I Owe You” is basically an acknowledged debt between a buyer and seller.
An NFT IOU is issued before the NFT is minted.
You can exchange NFT IOU for the real NFT 14 days after mint.
<aside> 📌 The OpenDAO will collect a 1.5% royalty fee on the platform.
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