Backseats

@backseats

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A few more features of the Chonks Marketplace: - Bidding requires you bid 5% over the previous bid to avoid minuscule outbids - There’s a 50 block cooldown on the Chonk each time a Trait leaves its Backpack, to avoid you buying a Chonk with fewer traits than you think - Getting outbid auto-refunds you and if that transaction fails for some reason, you can always withdraw from the contract Big thanks to @nix for the feedback here.

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On the Chonks marketplace you won’t *ever* have to: - refresh the metadata to see the latest Traits on the Chonk or in their backpack - worry about the seller front running your Chonk buy by moving all the Traits to a different Chonk right beforehand

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We’ll write a full post on this when we release it but the reason the marketplace has taken so long and why we can’t use something off the shelf like existing white label marketplaces is because we have to account for the security and behavior around trading an asset that owns other assets as well as the underlying asset itself. For example, what should happen to listed Traits owned by a Chonk when the Chonk gets listed too? How can you collect more Traits for your Chonk while the Chonk is listed for sale? What role do transfers have in relation to listings when one asset owns another?

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Happy to announce that the Chonks marketplace is code complete and has been sent off for audits. Hope to have it live next week! Thank you all for your patience while we got this right.

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Remixed art by @jack, idea by @sassal.eth, rider: @marka

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Today I released a repo that generates Merkle trees in Solidity using @dmfxyz’s Murky and verifies them onchain and offchain using Merkletreejs This is part of some work we’re doing on the Chonks marketplace and thought it could be useful to others https://github.com/backseats/merkle-example

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@bountybot 250 $usdc to create a Frame that displays a random /chonksxyz between 1 and 83300 when you hit the random chonk button

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⭐️ New Chonks Trait Incoming ⭐️ 1) Mint a Class of 2024 NFT 2) Send it to your Chonk’s Backpack 3) Get a special Class of 2024 Trait for your Chonk later this month

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Follow /chonksxyz

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First, more soon here

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@mikedemarais.eth hey Mike! Can we do a rainbow X chonks app icon?

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gm Chonks Come play this fun 3D experience @marka built as we were developing Chonks https://x.com/marka_eth/status/1865692936366957014?s=46

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BasepaintBot is down for maintenance for a bit. Going to miss today's mint unfortunately. Sorry for any inconvenience.

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🤯 thank you all

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2000 Chonks in 33 minutes 😌

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The Chonks mint is live at chonks.xyz/mint

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almost there guys

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Farcaster OG NFT holders come thruuuuu https://x.com/backseats_eth/status/1864322674987520136?s=46

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Chonks is coming tomorrow! @marka and I have been working for months on it. Farcaster OG holders get extra traits upon mint. More info on Chonks https://x.com/backseats_eth/status/1838035092096049271

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@dwr.eth what's the best way to get the word out that Farcaster OG NFT holders will get additional traits for the Chonks mint beginning tomorrow?

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