Introduction to IFT
The Information Finance Token (IFT) Protocol introduces a novel asset class of fungible tokens designed to create a single canonical financial representation for each human-readable word. Built on the Ethereum Name Service (ENS), IFTs leverage the ift.eth namespace to assign unique, tradable tokens to words — ranging from centuries-old terms or newly coined expressions. For instance, the token representing the word "longevity" is denoted as longevity.ift.eth. This structure ensures each IFT is globally accessible and uniquely identifiable by its canonical name.
Last updated