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19/ The MINIMUM FLOOR SOLVES THIS! Now a famous artist who sells valuable artwork can set a minimum price for their NFTs, and thus never have to fear the reputational damage that comes from their artwork being sold on the cheap.
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18/ Elite artists may avoid creating NFT artwork out of concern that their work sells below the value of their traditional pieces. Since traditional fine art is generally illiquid, reduced liquidity would unlikely be a concern for this type of user.
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17/ Coming in version 1.1, we will be introducing the concept of the MINIMUM FLOOR. It will allow creators to define a minimum sale price for their NFTs on-chain for the FIRST TIME EVER!
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16/ As a pattern, whitelisting one or more trusted transfer operators enables NEW COMPOSABLE FEATURES that weren’t possible previously. New functionality can now be built around the transfer of NFTs without the need to build custom features directly into the NFT contract itself.
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15/ Read the How-To-Guide in the blog post for IMPORTANT DETAILS on how to build with our library.
medium.com/limit-break/in…
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14/ Some incentives that can be used include, but are not limited to:
- Stake to Reveal
- Stake for Rewards
- Rentability
- Guaranteed Minimum Floor Prices
- Programmable Royalties For Collectors & Affiliates
- In-Game Utility
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13/ When users STAKE, the token enters a wrapped state where transfers can be executed by TRUSTED, WHITELISTED OPERATORS. In many cases, users can also OPT-OUT by UNSTAKING from this state.
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12/ Staking provides a BACKWARDS-COMPATIBLE, OPT-IN system that allows developers to upgrade their collections without sacrificing immutability. Users choose whether or not they agree to the upgrade. Developers should align incentives with their community to encourage upgrades.
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1/ @limitbreak is excited to announce OPT-IN, BACKWARDS-COMPATIBLE PROGRAMMABLE ROYALTIES POWERED BY STAKING. Read the complete blog post here:
medium.com/limit-break/in…
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Don’t worry this will be recorded if you can’t make it! 🫡
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Set a reminder for my upcoming Space about @limitbreak programmable royalties solution and the future of NFTs with special guest my co-founder @halbertnakagawa! twitter.com/i/spaces/1ynJO…
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The @limitbreak programmable royalty solution should be out tomorrow!
Caution ⚠️
We will be having a mega thread and blog post! 🫡
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YOU MUST VOTE FOR DIGI 😤 twitter.com/yoyoMetaverseL…
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I love Web3 and Web3 games! Please tag your favorite Web3 game that @limitbreak and @DigiDaigaku should collab with! 🤗
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When FREE NFTs hit web3
@limitbreak @DigiDaigaku
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RETWEET IF YOU WANT A FREE @DigiDaigaku VILLAIN!
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The @limitbreak programmable royalty solution (and more) smart contracts V1 will be fully open source and available next week. Extensive blog post, thread, and spaces Q&A on release day!
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Anyone who has been following myself and @halbertnakagawa work over the past decade+ will see the exact same pattern playing out with @limitbreak again. Rapid advancement and competitor disbelief.
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The @DigiDaigaku FREE Villains mint is VERY soon… 👹
CEO @LimitBreak / @FreeNFT / @Digidaigaku