Transacting with Asset Inbox

What is Asset Inbox

Asset Inbox is a way to send anyone an asset, even if the wallet is not opted in. This helps the onboarding experience for Algorand because even people with 0 Algo in their wallet can start receiving Assets.

How does Asset Inbox work?

The goal of this standard is to establish a standard in the Algorand ecosystem by which ASAs can be sent to an intended receiver even if their account is not opted in to the ASA.

A wallet custodied by an application will be used to custody assets on behalf of a given user, with only that user being able to withdraw assets. A master application will be used to map inbox addresses to user address. This master application can route ASAs to users performing whatever actions are necessary.

If integrated into ecosystem technologies including wallets, explorers, and dApps, this standard can provide enhanced capabilities around ASAs which are otherwise strictly bound at the protocol level to require opting in to be received.

Can I send an asset to any wallet?

Yes, you can send to any wallet, but be careful. Only wallets with the ability to access their inbox will be able to claim it. If you send to a wallet that is controlled by a smart contract or a wallet controlled by a centralized or decentralized exchanged, your asset can be lost forever.

Please ensure the other party can claim the asset before sending it to someone's Asset Inbox.

Can I claim an asset from my inbox only on Pera?

No, Asset Inbox uses ARC-59, meaning that it is interoperable with the entire Algorand Ecosystem. Any dApp that has ARC-59 support can send or claim assets in someone’s Asset Inbox.

Updated on: 21/11/2024