1d ago
Yo $bnkr fam have a look:
“cardcoins” are what’s the new, incoming meta, especially for the holiday season 👌
2d ago
Tldr on @vibedotmarket, which is unlocking a new meta w/ cardcoins:
1. Anyone can create tokenized "packs" of NFTs
2. When I buy a pack, what I'm doing is buying a fixed amount of the underlying token (i.e. 100,000 $BSBL tokens) and burning them in exchange for the pack
3. Each pack contains one random card from the collection
4. I can leave the pack unopened (speculating on future demand) or...
5. I can rip the pack open for the reveal (this turns “reveals” from a one-time event to an on-demand event)
6. The NFT that I receive when I open a pack will be random and come with a rarity (common, epic, mythic, legendary, etc., and wear)
7. Each rarity can be burnt/redeemed for the collection's token (i.e. BSBL) if desired
8. So, if I buy a pack for $10 and open a common, I could redeem it for like $1. If I happen to get a legendary, I could redeem it for $2,000. If I redeem the pack without opening it, I'd get back like $9 worth of tokens.
9. In this way, opening packs feels a bit like doing a scratch-off lottery ticket (and hoping a legendary or mythic is inside)
I love this approach bc it solves the liquidity issues w NFTs and encourages opening/burning and swapping
Ultimately, it turns NFT collections from something static into something living and evolving. The way it's set up, creators even can add/remove cards even after the collection is live
Come !vibe w me:
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