---
description: Essential Web3 Utilities for Seamless Asset Management on Solana
---

# Basic Tools

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**

* Visit [**solfundly.com/tools**](https://solfundly.com/tools).
* 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**. 🚀
