Its 2022, and there are plenty ofNFTprojects launching every day.
But its hard to know which ones will remain popular past their drops.
And theres no clear plan for holders as to what value these might bring them, beyond trading.
Thats whereCo:Createcomes in.
That presented us with the issues of the community, decentralizing governance, and incentivizing the ecosystem of holders.
There was no mechanism in place to enable that.
First, it helps expands the community by making the cost of admission more accessible.
So you could buy some ApeCoins to participate in Yuga Labs projects.
How will this work?
Itll also provide smart contracts that allow them to build tools like native tokens.
In the future, it might also bring some front-end elements to support non-technical users.
Projects using this protocol will also get a $CO token based on their NFT trade volume and values.
Later in the fall, the firm intends to launch its first set of NFT partner projects.
Read more about the startups plan in theirwhitepaper.
That’s one heck of a mixed bag.
He likes to say “Bleh.
That’s one heck of a mixed bag.
He likes to say “Bleh.”
