CPS-???: properly burning NFTs / tokens.

Author: Mateusz Czeladka

CPS-???/README.md

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+---
+CPS: ?
+Title: Burning NFTs / tokens
+Status: Open
+Category: ?
+Authors:
+    - Mateusz Czeladka <[email protected]>
+Proposed Solutions: []
+Created: 2022-12-01
+---
+
+# DRAFT - NFTs
+
+## Abstract
+
+The aim of this problem statement is to raise the issue around the ability to burn NFT / tokens and release minUTxO (ADA) backing the NFT / token.
+
+## Problem
+
+It is understood that minUTxO has been introduced as a way to protect ledger from tokens and NFTs spam, however, the only currently supported methods of "burning NFTs" do not address the core of the problem, namely releasing ADA 'locked' behind a token or NFT. Currently recommended methods of 'burning' are either sending to another wallet owned by the person sending or send to another wallet owned by somebody else. Neither of those methods actually releases underlying 'locked' minUTxO ADA.
+
+More and more users on social media are asking for ability to properly burn NFTs and tokens.
+
+##  Possible solution
+We need likely some ledger changes and some ability to properly burn the token should the owner (owner as in currently in the wallet) of the token wishes it.