5.6 Revocable Licenses under Community Governance

The revocability feature is another key element of Carrot's security and governance framework. It enables the revocation of the license to mint that a project was granted through an NFT if they are found to be non-compliant or acting against the principles of the Carrot ecosystem. This revocability feature ensures that the ecosystem maintains a high level of trustworthiness and accountability.

Revocation is done by minting a new identical, non-transferable NFT into the same wallet as the project or endorser wallet. Minting is authorized when a specific NFT is in the minting wallet, but a second identical token blocks further minting.