Feather Assets is a unified, flexible, and stateless asset protocol for ownership, delegation, and rentability on the Solana blockchain.
Feather Assets provides a comprehensive set of functionalities for managing digital assets, including:
- ZK-compressed asset creation and management
- Group creation and management
- Metadata handling
- Royalty management
- Privilege-based delegation
- Asset rental
- Permanent delegation
- Multi-signature support
- ZK compression for highly scalable and cost-effective asset management
- Flexible asset privileges
- Support for individual and group assets
- Metadata and royalty management
- Privilege-based delegation:
- Customizable delegation privileges (e.g., transfer, burn, freeze)
- Time-locked delegations and rent
- Asset rental with specified privileges and duration
- Permanent delegation options
- Multi-signature asset operations
Feather Assets utilizes zero-knowledge (ZK) compression technology, providing several key advantages:
- Scalability: Significantly increased throughput compared to traditional on-chain assets
- Cost-effectiveness: Reduced transaction costs due to compressed data accounts
- Security: Maintains the security guarantees of Solana's L1
- Compatibility: Seamless integration with existing Solana infrastructure
These ZK-compressed assets offer the best of both worlds: the robustness of L1 with the performance of L2 solutions.
Feather Assets supports various forms of asset delegation:
- Privilege-based Delegation: Delegate specific privileges (e.g., transfer, burn).
- Rental: Temporarily rent asset ownership with specific privileges for a specified duration.
- Permanent Delegation: Irreversibly delegate certain privileges to another address.
These features provide flexible asset management options for various use cases.
Feather Assets provides a versatile framework for managing digital assets, enabling a wide range of applications across various industries. Here are some key use cases:
- Create and manage large collections of unique digital items
- Implement royalty systems for creators
- Enable fractional ownership of high-value assets
- Manage in-game assets and currencies
- Enable cross-game item portability
- Implement rental systems for temporary use of rare items
- Create and manage digital tickets with anti-counterfeiting measures
- Implement dynamic pricing and royalty systems for resales
- Enable temporary transfer or rental of tickets
- Create and manage voting rights tokens
- Implement delegation systems for proxy voting
- Enable time-bound transfer of voting rights
- Manage digital access rights to content or services
- Implement time-bound subscriptions with automatic expiration
- Enable transfer or rental of subscription rights
- Light Protocol v1
- Anchor v0.29
- Solana v1.18