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Manu Williams 🎩🔵💎
@manuwilliams
Here is my little summary of what I gathered from @ratnakar 's farhouse session with @betashop.eth ▪️ Tomorrow @moxie.eth will be releasing the schedule for in-frame Fan Token Auctions ▪️ 400 builders were selected from 1500 people who applied to be on the list to participate in this first wave - it will be rolled out to more users over the few weeks, and eventually to everyone ▪️ Auctions last 72 hours ▪️ We will be able to bit with our unvested Moxie token airdrop or buy and bid with Moxie ▪️All winning bidders will get their fan token for the same clearing price with all proceeds going into the Bonding Curve. ▪️At the end of the auction: ~ 90% of the proceeds from the Batch Auction goes into the Bonding Curve Smart Contract ~ 5% go to the Moxie Protocol --> which will be burned ~ 5% is allocated to the Member / Channel whose Fan Tokens are being auctioned, in form of Fan Tokens More here: https://build.moxie.xyz/the-moxie-protocol/moxie-protocol/fan-tokens
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FlexasaurusRex◨-◨Ⓜ️🎩
@flexasaurusrex
is there anywhere to see now which 400 were initially selected? Or that released tomorrow with the schedule?
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Manu Williams 🎩🔵💎
@manuwilliams
It was my understanding that it will be released tomorrow with the schedule but they favored builders with established channel following as well as a few personal favorites with good engagement I believe. I guess we’ll find out more tomorrow 😀
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