Content pfp
Content
@
0 reply
0 recast
0 reaction
Coop pfp
Coop
@coopahtroopa.eth
What do people think about 404s? TLDR - hold a certain amount of fungible tokens to unlock an NFT. Sell below the threshold and the NFT is burned. Do we like 404s or what's our general sentiment on them? Rain 5000 $DEGEN
20 replies
17 recasts
75 reactions
Samir 🎩 pfp
Samir 🎩
@0xsamir
it is still confusing to like it or not, you may got both answers. Also may depend on each one how he deal with his assets or NFTs or trades
0 reply
0 recast
0 reaction
Samir 🎩 pfp
Samir 🎩
@0xsamir
it is still confusing to like it or not, you may got both answers. Also may depend on each one how he deal with his assets or NFTs or trades
0 reply
0 recast
0 reaction
Zenigame pfp
Zenigame
@zeni.eth
As a dev who just learned what this is right now, is it possible to name it something else?
1 reply
0 recast
0 reaction
mike rainbow (rainbow mike) ↑ pfp
mike rainbow (rainbow mike) ↑
@mikedemarais.eth
we like dn404s specifically the dn404 spec makes 404s much more compatible with existing protocols / infra https://github.com/Vectorized/dn404
2 replies
0 recast
23 reactions
4484.eth pfp
4484.eth
@4484
not a fan. i do not see where they can useful. their fungible properties are not better than erc20s. their non fungible properties are not better than erc721s.
0 reply
0 recast
0 reaction
gino.eth πŸ”΅ pfp
gino.eth πŸ”΅
@gino
i still think 404s have legs but we need the space to get like 30% more serious first before we can even know if the degen market would be into it. it's too early. it's like earlier than early, which is probably too early.
0 reply
0 recast
0 reaction
Panji 🟑 βŒβ—¨-β—¨ pfp
Panji 🟑 βŒβ—¨-β—¨
@pramadan.eth
It has potential and too early too judge for me.
0 reply
0 recast
0 reaction
henrywif🍡 pfp
henrywif🍡
@hz
We like the 404s. We like the /chiblings. πŸ₯°
0 reply
0 recast
0 reaction
edwardf pfp
edwardf
@gn0madic
it's a new decentralized distribution method, I love the creativity and I guess it's easier for people to get more expensive NFTs by saving up their tokens over time?
0 reply
0 recast
0 reaction
Urb pfp
Urb
@urb2128
It will peak again, no doubt about that
0 reply
0 recast
0 reaction
m a s pfp
m a s
@m-a-s
I think the gachapon/loot crate/re-roll mechanics have a lot of potential, esp in gaming/gamifying projects...very underexplored right now. I need to learn more, but if it is compatible with big 20 & 721 platforms as is, seems like it could be BIG. NFTs ^ Memecoins = ✨
0 reply
0 recast
0 reaction
artman πŸ–ΌοΈπŸ§ΎπŸ–πŸŽ© pfp
artman πŸ–ΌοΈπŸ§ΎπŸ–πŸŽ©
@altanon
it has potential that has not been reached yet
0 reply
0 recast
0 reaction
Passion pfp
Passion
@passion
Fun concept but I don't see any justifiable uses. The NFT component is -EV by creating additional dependencies. In every case I can think of, I'd prefer to just implement a swap contract that establishes some exchange rate between the token and NFT.
0 reply
0 recast
0 reaction
Rafaello.base.eth pfp
Rafaello.base.eth
@rafaello12
This mechanism can maintain scarcity and increase the value of the remaining NFTs, providing a deflationary effect in the NFT market​.
0 reply
0 recast
0 reaction
Cashcore pfp
Cashcore
@cashcore
Quite an interesting approach in maintaining a good price of the token honestly. But at what point it becomes too punishing for those who holds the NFT? 1 $DEGEN for sparking the discussion!
0 reply
0 recast
0 reaction
LucentMonk πŸ–***🎩 pfp
LucentMonk πŸ–***🎩
@chado
DN404s are awesome. It allows for new mechanisms and increased nft liquidity, but using existing infrastructure that is already battle tested. Plus they are fun. Any project(s) in particular you are thinking about?
1 reply
0 recast
0 reaction
Edward H. Carpenter pfp
Edward H. Carpenter
@ehcarpenter
I think it's a very interesting concept... I take it this would be an alternative to staking, as an incentive to hodl vice sell into a rising token price? I think it has potential... Would you see the NFTs as being 1/1s, editions, or attribute-variants (think Punks, etc) ? Will post a couple more questions below...
1 reply
0 recast
0 reaction
riya πŸŽ©πŸ–β“‚οΈπŸ˜ΉπŸ¦‹ pfp
riya πŸŽ©πŸ–β“‚οΈπŸ˜ΉπŸ¦‹
@nmeow.eth
It peaked when launched with $pandora Every tech in crypto has waves, so we will see wave 2 (Just like farcaster, ordinals )
0 reply
0 recast
0 reaction
Renée Campbell 🎩 pfp
Renée Campbell 🎩
@reneecampbell
I love this. It helps the tokens stay strong and it’s also fun to watch anyone who forgets and gets their NFT burnt which would also lower the NFT supply. Win win and entertaining 😁
0 reply
0 recast
0 reaction