576
26/ Including collectors as stakeholders for royalties is a powerful way that creators can align incentives with their community of NFT holders. This builds value for NFT collectors that was previously not possible and will work into perpetuity thanks to smart contracts.
577
24/ One example of collector royalties is that the original user that MINTED an NFT gets royalties on that individual NFT FOREVER. Affiliates, on the other hand, can earn royalties on NFTs minted from their referrals.
578
Haha! ETH trading volume is flat while sales counts have collapsed. Only the wash traders are left! ✌🏻😂
580
22/ Minimum Floors will also make programmable royalties enforceable at the contract level, as they should have always worked. Marketplace fees and royalties are assured if control flow and funds from NFT trades must route through a new contract standard.
581
23/ Solving royalty enforcement enables new features that include affiliate and collector royalties on their own individual NFTs. There will be many equitable, innovative royalty sharing patterns developed by teams once enforceable royalties are normalized.
582
I could pass for an Argentinian Soccer player if I had better hair 😫
583
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.
585
Congrats to todays winners! I will DM you now! 🫡
@Williamsuduakk
@itsrisuuu
@AltCoinCurious
@PolygonVon
@HirotoKai3
@0xcyanid
@swolidity
@esoteri21658892
@HirotoKai3
@rugrugpudding
586
ETH will be used as the currency for NFTs. If you want a “coin” use Bitcoin! 😤
588
@igorlenterman OK turns out there’s a few before us. Tons of celeb pics and president photos. As for “real headshots” there’s like 3-4 before us.
Happy to be in the first 10k BTC NFTs!!!
I LOVE IT!
589
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
590
21/ For instance, if a game developer has an ultra-rare 1-of-1 in-game weapon NFT, a single below-market trade of that item can adversely affect the entire in-game economy. Minimum floor pricing would stop this.
591
I swear to God these people are just an index of popular catch phrases and platitudes. There’s absolutely nothing going on in there.
594
Congrats to todays winners I will contact you now!
@0x_zeus
@viksaamm
@arrrrrrrraa
@crypto_foude
@innocence_nft
@mahdiDESIGN
@0000eth
@Tobi_Shotgun
@kawpuccino
@rrahcat
595
7/ We’re thrilled to partner with developers and support their growth.
If you are interested in launching with FreeNFT, please reach out to @gabrielleydon or @igorlenterman or meet with us at GDC!
596
20/ Minimum Floors can be used in many ways by game developers to impact the balance of their in-game economies, which will make for better gaming experience for players. This can help insulate in-game economies from external and macroeconomic factors.
597
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.
598
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!
600
They shot the messenger instead ☠️😂 twitter.com/blur_io/status…
CEO @LimitBreak / @FreeNFT / @Digidaigaku