Programmable Tokens — Rules Enforced at Protocol Level

Tokens That Govern Themselves

Policy contracts, automatic royalties, and 7 sale price verification models — all enforced at the protocol layer

• Native token & NFT creation — token and NFT creation is NATIVE to the ATSHI protocol — not a smart contract standard. The transaction structure natively supports token minting, transfers, and NFT creation at the ledger level. Unlike ERC-20/ERC-721, which require deploying a contract for every token, ATSHI handles basic token operations as built-in ledger operations. Policy contracts ADD programmable rules (royalties, constraints, evolution) on top of this native foundation.
• Policy contracts — every token collection is governed by a policy smart contract that defines its rules. Transfer constraints, royalty percentages, whitelist/blacklist logic, time locks, and geographic restrictions are all encoded once and enforced forever. No marketplace cooperation required.
• Automatic, unbypassable royalties — royalties are computed and collected at the protocol level during every transfer. There is no way to bypass them — no wrapping tricks, no private sales, no marketplace opt-outs. Creators earn on every single transaction, guaranteed.
• Transfer constraints — whitelist (only approved wallets), blacklist (block specific addresses), time lock (tokens frozen until a date), geographic restriction (transfer only within permitted jurisdictions). All enforced cryptographically, not by a centralized gatekeeper.
• Token evolution & autonomous NFTs — tokens can change their own metadata based on on-chain events, time, or external triggers. An NFT that evolves when its owner stakes, a token that unlocks features after a holding period, a collectible that ages visually — all autonomous, all on-chain.
• FHE-hidden prices & 7 verification models — sale prices can be encrypted with FHE so that the protocol verifies royalty computation without revealing the actual price. Seven distinct price verification models cover auctions, fixed sales, offers, bundles, and more.
• Self-contained marketplace — tokens carry their own trading logic. No need for external marketplaces — listing, bidding, and settlement happen through the token's own smart contract. The marketplace is the token.