Let me tell you about one project minting on 12th called Mercanti which grants holders an access key for the broader @TradeWithMarco with mission of building the Defi infrastructure for NFTs and help onboard 1 billion users into #Solana
2/ Marco Polo
Similar to when Marco Polo revolutionized the monetary system by introducing "paper" as a medium for money in 1295 in the west, this project aims to build DeFi infrastructure for NFTs on Solana with accountability and transparency.
3/ MarcoPolo has 3 major segments that are interconnected
1-MP escrow has mission to create live trading environment, meaning both sides have to be present in order to trade, Yawww sends you an offer.
2-They are giving all fees to the project DAOs and only charging 0.05 SOL for the Vault Opening fee.
ᐅ Discord Bot #1, - Public DMs, already launched.
Nowadays problem: When transacting P2P both parts need to have open DMs.
Solution: MarcoPolo created a bot where you can create a chat with the person inside the server, and is only visible to both of you.
ᐅ Trading Block, launching February, a feature in escrow that will allow users to filter quickly between what is, and isnt available for trade
ᐅ Discord Bot #2, March, some partners will able to integrate the bot inside their communities with access to all of Marco Polo product
ᐅAMM dedicated For NFTs, Q2 launch
MarcoPolo will have a centralized AMM and liquidity pool for communities to add liquidity, farm and stake. $MARCO is the the default reserve currency.
3.2/ Infrastructure
ᐅ The $MARCO Token, incentive for merchants & travelers.
Total supply will sit at 100,000,000 with 25% going to the Team, 15% in a Public Sale, in the form of the first ever Initial Mint Offering, and 10% allocated for Growth & Marketing.
The other 50% of the token will be fully controlled by the community.
The first 5% airdropped to beta testers (More details:
A web series hosted on YouTube that acts as an encyclopedia for all things NFT, Solana, and projects. This has already launched, and will be short and is digestible
Ep 1: What is an NFT?
Ep 2: 2021 Recap
ᐅ Lezioni Con Vee
This will be a “Hot-Ones” style AMA session hosted by Vee. It will be a weekly, live-show that brings in projects post-mint.
Already launched, i had opportunity to listen the recent episode with @nonfungibletabs, great content.
ᐅ The Brain
Will be a more concept heavy, whiteboard style video series that explains concepts, e.g.“How an NFT is minted” or “SPL vs. ERC-721”
ᐅ Learn With Marco
A web-series of Tutorial Videos ONLY, things such as: “How To Auction On Holaplex” or “How To Swap On Orca"
ᐅ Weekly Recap Newsletter
This is a traditional weekly newsletter, launched in November 2021, recap of the past week in the Solana NFT ecosystem, as well as some upcoming mints. tradewithmarco.medium.com
ᐅ The Silk Road - Spotify podcast open.spotify.com/episode/0MJa5k…
4/ Mercanti details
Total Supply: 10,000
Mint Price: 2.5 SOL
Mint Date: February 12th, 2022
Whitelist ONLY (don't worry, I plan to run a small giveaway here)
Limit: 5 mints per whitelisted address
5/ Mercanti Utility
ᐅ Access
ᐅ Rewards
ᐅ Governance
5.1/ Access
ᐅ Merchants will be tasked as “brokers” to help Mercanti Holders find trades for their NFTs.
ᐅ Access to Auction + Lottery
ᐅ Holders will have its own category, which means a more exclusive access, a more trusted marketplace, and other channels.
5.2/ Rewards
ᐅ Bonus APR multiplier and early access to the staking mechanism.
ᐅ Partnership Rewards via early access, whitelists, revenue sharing.
ᐅ Dividends airdrop where at least 25% of our Treasury will be airdropped to you every 90 days.
5.3/ Governance
Guild vote on:
ᐅ Product changes to UI / UX
ᐅ Fee structure
ᐅ Vote on topics on Content - high-quality whiteboard videos and motion graphics like Vox media
ᐅ Vote on projects to be integrated - Rugs, and projects not vetted will not be eligible to be traded on Marco Polo.
Whitelisted projects will receive a ton of #benefits, including Treasury donations, marketing focus & free asset creation such as infographics & videos.
6/ Operators
ᐅ Working product with the live escrow
ᐅ Great education content with the YouTube videos, podcasts, twitter spaces
ᐅ Team with 17 members with tech and consulting background
ᐅ Team doxed to majority of partners and advisors
7/ Connecting all the dots
ᐅ Working Product
ᐅ Backing from great people on space
ᐅ Optionality on different products
ᐅ Education content that will increase brand value
ᐅ Good rewarding mechanisms for holders
ᐅ Decisions are made by Guild instead of centralized governance
1/ My definition of a GREAT "Deep Dive" in a Thread:
My biggest lesson from years of investing in stocks was realizing what it actually means to understand a business to avoid cognitive bias.
Now starting on NFTs, I try to define my framework by applying similar concepts. #NFT
2/ A great "deep-dive" needs to give insights:
ᐅ The roadmap includes value-creation long term?
ᐅ Operators have capabilities to deliver?
ᐅ The community has a "builders" mentality?
and mostly,
ᐅ The community/customers interest will remain stable/increase in the long term?
3/ Starting mistakes
I was wasting time trying to surf every wave only using "hype" as a research tool, this has a lot of issues:
ᐅ Only gives you short term conviction
ᐅ Can be very easily faked (invites, levels schemes)
ᐅ Leave you bag holding things you don't believe in
@SBF_FTX This is the reality buying NFTs for 500$ to play a game that arent immersive compared to traditional games that costs you 50$ are are super immersive makes no sense.
A lot has to be improved with exception of a few projects like @MiniNations