Definition
A FlowNFT is a standard ERC-721 token that represents a legal and technical claim on a future revenue stream. Unlike static NFTs (art, collectibles), a FlowNFT is a dynamic financial instrument with intrinsic value derived from cash flow.The Asset Lifecycle
1
Minting
The borrower (founder) connects their data source (Stripe/Shopify). The Manteia client generates a ZK Proof of their historical revenue and solvency.Upon verification of the proof on-chain, the
ManteiaFactory contract mints a FlowNFT. This NFT contains metadata regarding the loan terms (Amount, Rate, Duration) but excludes sensitive business data.2
Funding
The FlowNFT is instantly offered to the Lending Vault. If the loan fits the vault’s risk parameters (checked against the ZK proof’s output score), the Vault purchases the NFT.
- Result: The NFT is transferred to the Vault. USDC is transferred to the Borrower.
3
Repayment (Streaming)
The borrower configures a Smart Split (based on
0xSplits). A percentage of their daily revenue is automatically routed to the Manteia Repayment contract.As funds arrive, they are attributed to the FlowNFT. The Lending Vault (the holder) claims these funds + yield.4
Burning / Maturity
Once the total repayment amount (Principal + Fee) is reached, the FlowNFT is considered Matured. It can be burned or archived as a “Certificate of Creditworthiness” for future loans.
Technical Specs
- Standard: ERC-721
- Metadata: stored on IPFS (Loan Terms, Risk Score, ZK Proof Hash).
- Transferability: Fully transferable. Secondary markets can form for trading active revenue streams.