What needs to be considered when using multiple generic assets?
In Blockpit, there is the possibility to use so-called "Generic Assets" as placeholders for Crypto Assets or NFTs that are not yet available.
Generic Crypto Asset example:
- Type: Crypto asset
- Available quantity: 99
- Designation: Generic Crypto #99 (GENERIC-CRYPTO-99)
Generic NFTs example:
- Type: NFT
- Available quantity: 500
- Designation: Generic NFT #84 (GENERIC-NFT-84)
A total of up to 99 Generic Crypto Assets and up to 500 Generic NFT Assets can be used in different Blockpit Depots.
However, it must be ensured that the same token number (e.g. GENERIC-CRYPTO-2 or GENERIC-NFT-84) is always used for the same asset and for different assets always a different token number (e.g. GENERIC-CRYPTO-2, GENERIC-CRYPTO-3 or GENERIC-NFT-4, GENERIC-NFT-17).
Generic token transactions should always be used in combination with the Custom Rate feature.
Users from Switzerland can only use the Generic Token feature to a limited extent due to the valuation logic, provided the tokens are sold before 31.12 of the current year.