# Mergeable Tokens on Algorand

## Mar 30, 2021

Understood, Fabrice. This is what I was hoping to do. However, even the mechanics of this basic use case are unclear to me: How does the smart contract that issues ASA3 register that ASA1 and ASA2 have been sent to it. Would this be a transaction group like that?

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## Mar 29, 2021

This is very helpful, [@ryanRfox](https://forum.algorand.co/u/ryanrfox). Thank you. I think I can probably work with the url field. However, I’m currently stuck trying to understand how to approach the merging of the assets, meta data aside. I.e. how do I ensure that the contract owns both expected input assets? Ideally I want to create a…

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## Mar 23, 2021

Yes, you’re describing my intention correctly, [@ryanRfox](https://forum.algorand.co/u/ryanrfox). Abstracting from the very helpful [tutorial on Assets and Custom Transfer Logic](https://developer.algorand.org/solutions/assets-and-custom-transfer-logic/), I would assume the contract would need to be the manager address so that the two input assets would be destroyed and the output asset would be generated. Presumably…

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## Mar 23, 2021

Excellent points, thanks Jason. I pondered (ab)using URL or tx note but it felt too much of a hack (I haven’t even gotten as far as understanding whether these would be accessible from a contract). I think there will be roughly 500 NFT to begin with, all with bespoke risk parameters and a handful of…

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## Mar 23, 2021

Thank you, Jason. Yes, it would be excellent to describe these as non-fungible ASA. However, I’m unclear how to express the additional data in an ASA:

```
┌────────────────────────┐
│ ASA1 │ Additional Value…
```

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## Mar 23, 2021

I’m currently looking into evaluating different smart contract platforms to implement mergeable tokens for an insurance crowd sourcing use case. These tokens have a few numerical properties, foremost value and risk. Value behaves similar to a fungible ASA. There are two dissimilarities though:

Exa…