Gifting a Physical NFT is similar to transferring any other digital asset:
- Recipient’s Wallet Address: Obtain the digital wallet address of the person you wish to gift the Physical NFT to. Ensure it’s the correct address, as transactions on the blockchain are irreversible.
- Transfer: Access your digital wallet or the NFT marketplace where your Physical NFT is stored. Initiate a transfer, inputting the recipient’s wallet address.
- Transaction Confirmation: Once you’ve confirmed the transaction, the Physical NFT will be sent to the recipient’s wallet. They will now have ownership of both the digital token and the associated physical item.
- Inform the Recipient: It’s a good practice to inform the recipient about the gift, providing them with any necessary details about redeeming the physical item if they choose to do so.