Rarible DAO is launching a new open source protocol with innovative features!
TL;DR
You can now infuse ERC-20 tokens into an NFT and allow its owner to claim these tokens over time. 🤯
1/6 🧵👇
2/6 HyperVIBES is a new protocol being built at Rarible DAO. It lets anyone insert (or infuse) fungible tokens into any NFT. These tokens can be claimed by the NFT holder after being mined by the NFT over a certain period of time!
3/6 The protocol is completely open source! It’s a public good that aims to encourage creativity and foster innovation in the global NFT ecosystem.
4/6 How can it be used?
🎨 Artists can turn their artwork into portals that stream their social token to collectors
🔌 Minting platforms can offer infuse-on-mint functionality for any token
📌 Curation platforms can create token-based curation mechanisms
The rest is up to you!
5/6 HyperVIBES protocol will be deployed on Ethereum this week and the app will go live early next week. As its first use-case, the protocol will be used by @im_not_art to support @Bfernandes79 's NFT drop “Souvenir”. Pre-sale mint starts on Nov 12th. 😱 imnotart.com/souvenir
6/6
✅ Open source
✅ Public Infrastructure
✅ Massively Multiplayer
✅ Free Forever
This is how Rarible DAO is building, and enabling the future of the open #NFT ecosystem!
To learn more about HyperVIBES, visit this website👇 hypervibes.xyz
Bonus: Also, make sure to check out the documentation here: docs.hypervibes.xyz
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