Why does Fair Prediction Launches (FPL) matter for the next generation of NFT ecosystems?
Dive in our thread 🧵
#AvaxholicAnalytics #AVAXCT #CSSACT #NFTCommunity #Web3 $SPRK
Discuss here: t.me/avaxholic_chat
Dive in our thread 🧵
#AvaxholicAnalytics #AVAXCT #CSSACT #NFTCommunity #Web3 $SPRK
Discuss here: t.me/avaxholic_chat
1/ What Is Modern Fairness About?
One of the main standard practices followed by #NFT projects today is launching on expensive #Blockchain networks while also having a first-come-first-serve model for their users.
One of the main standard practices followed by #NFT projects today is launching on expensive #Blockchain networks while also having a first-come-first-serve model for their users.
This introduces not only inefficiency in the innovative markets, but also unfairness for the participant.
2/ Today’s Standard NFT Launches
Fairness is about every party involved, and when it is non-existent in the NFT whitelisting case, those who arrive at the market first always win both with prices and ease of access.
Fairness is about every party involved, and when it is non-existent in the NFT whitelisting case, those who arrive at the market first always win both with prices and ease of access.
Which will leave the whole bottom of the user-privilege pyramid behind that oftentimes leads to losses.
3/ Deeper Into FPL
Fair Prediction Launches are a completely new way of distributing #NFTs in such a manner so a platform would not allow massive volatility in market engagement and mellow the entry points out.
Fair Prediction Launches are a completely new way of distributing #NFTs in such a manner so a platform would not allow massive volatility in market engagement and mellow the entry points out.
This means those users who come first would not have the ability to take all the #NFTs or assets of other types for themselves.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
