Fundly Docs
  • 1️⃣START HERE
    • 1️⃣Project Overview
    • 2️⃣Official Links
    • 3️⃣Official Team
    • 4️⃣Trusted by
    • 5️⃣Reviews & Testimonials
    • 6️⃣FAQs
  • 2️⃣ESCROW BASED CROWDFUNDING PLATFORM
    • 1️⃣Token Pre-Sale
    • 2️⃣NFT Pre-Sale
    • 3️⃣Physical Products Sale
    • 4️⃣NFT Launchpad
  • 3️⃣NFT MARKETPLACE
    • 1️⃣Project Overview
  • 4️⃣WEB 3.0 TOOLS
    • 1️⃣Basic Tools
      • 1️⃣Revoke Freeze Authority
      • 2️⃣Revoke Update Authority
      • 3️⃣Revoke Mint Authority
      • 4️⃣Metadata Update
      • 5️⃣Snapshot Tools
      • 6️⃣Burn NFTs/Tokens
    • 2️⃣Normal Tools
      • 1️⃣SPL Token Creator
      • 2️⃣Mass Airdrop
      • 3️⃣Claim Site Creator
      • 4️⃣Liquidity Adder/Remover
      • 5️⃣Solana Wrapper
    • 3️⃣Premium Tools
      • 1️⃣Liquidity Pool Creator
      • 2️⃣Vesting Creator
      • 3️⃣Staking Creator
      • 4️⃣Auction Creator
      • 5️⃣Raffle Creator
      • 6️⃣Token Trading Interface
    • 4️⃣Bonus Tools
      • 1️⃣OpenBook Market Creator
      • 2️⃣Art & Metadata Generator
      • 3️⃣Send NFT Message
  • 5️⃣REWARDS
    • 1️⃣FUNDLY BADGES
    • 2️⃣TASK TO EARN
    • 3️⃣INVITE TO EARN
    • 4️⃣FEES STRUCTURES
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  • Why Use Fundly Basic Tools?
  • 1. Full Control Over Token & NFT Management
  • 2. High-Speed & Cost-Efficient on Solana
  • 3. No Coding Knowledge Required
  • 4. Secure, Transparent, & Decentralized
  • Key Features of Fundly Basic Tools
  • 1. Revoke Freeze Authority
  • 2. Revoke Mint Authority
  • 3. Revoke Update Authority
  • 4. Metadata Update
  • 5. Snapshot Tools
  • 6. Burn NFTs & Tokens
  • How to Use Fundly Basic Tools?
  • Step 1: Connect Your Wallet
  • Step 2: Select the Tool You Need
  • Step 3: Confirm & Execute the Action
  • Use Cases for Fundly Basic Tools
  1. WEB 3.0 TOOLS

Basic Tools

Essential Web3 Utilities for Seamless Asset Management on Solana

Fundly Basic Tools provide a powerful suite of Web3 utilities designed to help developers, creators, investors, and token issuers manage their Solana-based tokens and NFTs with ease, security, and decentralization. These tools allow users to modify, update, secure, and manage their blockchain assets in a fully decentralized environment, without the need for coding expertise.

Whether you’re a project owner finalizing token supply, an NFT creator updating metadata, or an investor tracking holder snapshots, Fundly’s Basic Tools ensure fast, low-cost, and trustless execution directly on-chain.

Why Use Fundly Basic Tools?

1. Full Control Over Token & NFT Management

  • Easily update, revoke, and secure key blockchain permissions.

  • Protect your assets and eliminate centralization risks.

2. High-Speed & Cost-Efficient on Solana

  • Near-instant transactions with minimal gas fees.

  • No reliance on third-party platforms—everything runs directly on Solana.

3. No Coding Knowledge Required

  • User-friendly interface—execute on-chain actions with a few clicks.

  • No need to deploy smart contracts—automated blockchain execution.

4. Secure, Transparent, & Decentralized

  • Smart contract-powered, ensuring on-chain verification & transparency.

  • No centralized control or admin interference—fully decentralized tools.

Key Features of Fundly Basic Tools

1. Revoke Freeze Authority

  • What It Does: Removes the ability to freeze tokens or NFTs.

  • Use Case: Ensures full decentralization—once revoked, no entity (including the creator) can freeze transfers.

2. Revoke Mint Authority

  • What It Does: Permanently disables minting of additional tokens.

  • Use Case: Used to finalize token supply and prevent future inflation.

3. Revoke Update Authority

  • What It Does: Prevents further updates to metadata, attributes, and descriptions of a token or NFT.

  • Use Case:

    • Ensures NFTs remain immutable once listed or sold.

    • Prevents unauthorized changes to important token details.

    • Locks brand identity and metadata for long-term integrity.

4. Metadata Update

  • What It Does: Allows modifying metadata details of an SPL token or NFT (name, image, description, attributes).

  • Use Case:

    • Fix metadata errors or rebrand NFT collections.

    • Add extra data, descriptions, or new attributes.

5. Snapshot Tools

  • What It Does: Captures a holder list snapshot at a specific block height.

  • Use Case:

    • Ideal for airdrop distributions.

    • Used in governance voting & staking rewards.

    • Tracks ownership for analytics.

6. Burn NFTs & Tokens

  • What It Does: Permanently destroys tokens or NFTs, removing them from circulation.

  • Use Case:

    • Controls token supply by burning excess assets.

    • Used for deflationary token models.

    • Allows creators to delete incorrect or duplicate NFTs.

How to Use Fundly Basic Tools?

Step 1: Connect Your Wallet

  • Click "Connect Wallet" and select a Solana-compatible wallet (e.g., Phantom, Solflare).

Step 2: Select the Tool You Need

  • Choose from the Basic Tools Dashboard (e.g., Revoke Authorities, Update Metadata, Take Snapshots, Burn Tokens).

  • Input the necessary details (e.g., token address, metadata update fields, snapshot block height).

Step 3: Confirm & Execute the Action

  • Review the transaction details before proceeding.

  • Approve the transaction in your Solana wallet.

  • Wait for on-chain confirmation, and the action is completed.

Use Cases for Fundly Basic Tools

🔹 Token Issuers:

  • Revoke Mint Authority to finalize token supply.

  • Burn excess tokens to maintain scarcity.

🔹 NFT Creators:

  • Update Metadata to refine artwork descriptions, traits, and branding.

  • Revoke Update Authority to lock NFT metadata & prevent unwanted changes.

  • Burn Faulty NFTs to remove incorrect versions from circulation.

🔹 Investors & Project Owners:

  • Take Snapshots to track token/NFT holders for governance, airdrops, and analytics.

  • Ensure True Decentralization by revoking authorities once a project launches.

🔹 Governance & Airdrops:

  • Capture a Holder List Snapshot for token-weighted voting & staking rewards.

  • Eliminate Centralized Control by removing update/freezing/minting powers.

Fundly’s Basic Tools provide an essential toolkit for managing, modifying, and securing SPL tokens and NFTs. With decentralized execution, high-speed transactions, and minimal fees, these tools allow users to take full control over their Web3 assets without technical expertise.

Whether you’re a creator finalizing an NFT collection, a project owner securing token supply, or an investor tracking holdings, Fundly’s Basic Tools empower you with everything needed for seamless blockchain management. 🚀

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Last updated 2 months ago

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