The decentralized asset management protocol Boson Protocol has launched a redeemable NFT trading platform for luxury goods

ChainCatcher news, the decentralized asset management protocol Boson Protocol has announced the launch of an improved version of its NFT platform, allowing users to sell real items in the form of NFTs, which can be destroyed and exchanged for physical goods within a certain timeframe. The protocol employs a "sequential submission" process to protect buyers, meaning that both parties in the transaction exchange redeemable NFTs, with the fees held in escrow by the protocol until the transaction is completed.

Boson co-founder Justin Banon stated that the platform will focus on luxury goods and is in the process of tokenizing luxury wines and luxury whiskies. (The Block)