1/ NFT alpha - hashes
today's PFP NFTs are a third order derivative of a hash. what if we take 3 steps backward in the lifecycle?
Hashes is a new kind of project, a simple building block, a DAO, and a distribution mechanism for NFTs
👀 thehashes.xyz + @hashesDAO
today's PFP NFTs are a third order derivative of a hash. what if we take 3 steps backward in the lifecycle?
Hashes is a new kind of project, a simple building block, a DAO, and a distribution mechanism for NFTs
👀 thehashes.xyz + @hashesDAO
2/ the first thousands hashes are 1 ETH to mint and control the DAO - which will have 1000 ETH to start (from the mint)
subsequent hashes are free to mint, although the DAO can decide the pricing and controls the future of hashes
hashes introduce entropy into NFTs
subsequent hashes are free to mint, although the DAO can decide the pricing and controls the future of hashes
hashes introduce entropy into NFTs
3/ this is an experiment, and the DAO gets to decide what direction the experiment goes, including what happens to all of the ETH generated from minting
the hashes control the project and the DAO treasury
the hashes control the project and the DAO treasury
4/ the galaxy brain behind this is @apalepu23 - peep his twitter thread for more details.
there's no pre-mine, no early mint, no insiders. equal playing field for everyone. community controls the DAO. let's see what happens 👀
there's no pre-mine, no early mint, no insiders. equal playing field for everyone. community controls the DAO. let's see what happens 👀
https://twitter.com/apalepu23/status/1445784380434092040?s=20
5/ ok, i have one idea. we use the DAO to buy an @EtherRock which we turn into x,000 pebbles. we give y,000 pebbles to the first 1,000 hashes (1 ETH mint) and the remainder x-y,000 to subsequent hashes (free mint)
6/ minting free hashes now
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