Master of Puppets: securely sellable wallets

securely sellable wallets

Master of Puppets is a decentralized application on Ethereum network. It is a unique solution with no alternatives, which allows creating ETH wallets without a private key. Such a wallet then could be securely transferred to a new owner.

Imagine, you have invested in a certain ICO through purchasing tokens. These tokens may be subject to a lock-up period (meaning that they cannot be sent to other wallets). In this case, you would have to wait until the tokens are unlocked before you are able to sell or transfer them (which might take rather long). If you want to sell your wallet, the buyer is exposed to a significant risk, since the private key cannot be changed as you know. Therefore, the chances of successfully closing the deal are dramatically reduced.

Master of Puppets will allow you to trade locked-up tokens and sell your wallets with zero risk! The wallets, created in Master of Puppets (called ‘Puppets’), are smart-contracts able to hold tokens and perform all operations possible with a regular ERC-20 compatible wallet. The creator (or buyer) of a Puppet, which is essentially an Ethereum wallet address, is an owner of the smart-contract. Only the owner’s wallet can perform the smart-contract transaction.

The flow is as follows: The owner sets the price and the buyer sends the required amount of Ethereum to a smart-contract, which in turn send that Ethereum to the former owner and immediately makes buyer the new owner of this contract. After this point, only the buyer can send commands to the purchased wallet (in other words manage it).

Note! We take 0.001ETH for wallet creation, the rest goes to the network. You don't pay us for any further wallet interaction, but just as any Ethereum transaction, you have to pay the network fee.

Given the struggle ICO investors have had to transfer locked-up tokens, we felt compelled to create a simple solution that investors can use to send tokens and transfer ownership of ETH wallets in a completely secure way. Master of Puppets eradicates the trust issue and opens up a whole new world of possibilities for investors.

see how to use on YouTube