Main menu
Learn QuantixLearn Web3Quantix BlogHome Guides
Testnet GuidesGetting Started
Connect Metamask to SepoliaTestnet EnrollmentFaucetsBeta DashboardMain guides
Create your ProfileBuy an NFTQuantize to Sell an NFTRedeem Earnings Buy NFT shares in Quantization PhaseBuy NFT shares in Free Marketย PhaseSell shares of an NFT in Free Marketโฃ
โฃ
How to Cancel Quantization Phase
The following guide provides you with a step-by-step guide to cancel the Quantization Phase and get back the ownership of the NFT.
This feature is useful when you don't want anymore to sell an asset or the offer you receive is too low compared to your expectation.
Once you have Quantized an NFT with Standard Quantization (see How to Quantize an NFT), if you want to cancel the QP , you have to:
1) access your profile
2) Be sure you are on the YOUR QUANTIZED NFTs Section!
3) Select an asset that is in Quantization Phase and click Cancel QP and sign off the transaction with your wallet.
N.B. in case someone has already purchased some shares you will have to pay a penalty fee of 1% on the amount of wETH deposited.
You can better understand how it works Cancel Quantization Phase here