Dan retweetledi
On behalf of @GLHFers community who were early to & are big believers in @token_works / $pnkstr ecosystem,
I'm sharing what we proposed to @Rhynotic:
No other collection is geared to do this, I think it'll make GLHFers the top volume & most interesting str:
Context
➜ GLHFers NFT collection is unique in that the final 100+ NFTs in our collection are yet to be minted.
➜ These final NFTs are in fact 1/1 characters, which when minted, get added to the GLHFers collection.
➜ They aren't just 1/1s, they are *special characters*, and come with interesting (flywheel-driven) abilities or mechanics.
➜ They are minted via nouns-style 24-hour auctions. We've already run 30 auctions successfully, with bids being made by some of the largest '.eth' NFT collectors around.
➜ Our last 10 auctions settled for ~120E in total.
➜ We control the auction mechanics: from starting bid amount, to bid increment, to duration, and so on. This allows us to introduce variety / 'change things up' whenever needed.
OK so, what did we propose?
1. If GLHF is one of the final strategy launches, we'll have 1/1 auctions ready to go on the same day of the strategy token launch.
(I've already seen the art for these and they're all bangers)
2. Our auctions will be designed to supercharge the pnkstr flywheel. How?
➜ 10% of settled auction funds will buy & burn $pnkstr.
➜ 45% of settled auction funds will buy & burn GLHFstr.
➜ 45% of settled auction funds will buy & burn the floor of the GLHFers collection.
* we may alter the balance of this ratio as necessary / if it enables extra shenanigans.
** could be fun to allow the ratio to be set dynamically via gameplay mechanics in our game gigaverse, or based on respective volumes.
3. Needless to say, our token buys & burns will be routed through the official fee-paying pools.
4. On top of this, we'll use royalties earned on the GLHFers collection, throughout the period of auctions, to buy & burn the floor of the collection aswell.
5. Lastly, as game-builders, I think we're in a unique position to add further layers of gamification / flywheels on top of the flywheels, through or adjacent to gigaverse. Can come back to this though because items 1 - 4 will already be an incredibly powerful way to start things off.
If you think this sounds cool and want to support the @GLHFers' community bid (as i am) to be one of the final listed strategy coins before open auctions, then we appreciate your support on the timeline.
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