An update on @jigzaw_xyz - a fully on-chain NFT collection with a liquidity pool that I'm building...

✅ Artwork done 
✅ Contracts: Mint-swap pool
✅ Contracts: Lottery pot for most engaged fans 💰
👩🏽‍💻 Website - jigzaw.xyz
👩🏽‍💻 Marketing

Read on for details  ⬇️

Developer 👨🏽‍💻. Angel investor. Ex-Ethereum Foundation. Eth2 validator. Thoughts on blockchain, tech, strategy, economics.

Initially I was simply treating each tile of the Jigzaw as an NFT, until I realized that people really like PFPs. So then I switched to creating PFPs and worked on choosing colour combinations which would allow them to still be used to form an image when combined together.

I drew everything in Figma in the form of layers and then built a custom studio app (a locally hosted React SPA) to test things out as well as build the Jigzaw puzzle from the images:

I drew everything in Figma in the form of layers and then built a custom studio app (a locally hosted React SPA) to test things out as well as build the Jigzaw puzzle from the images:

https://twitter.com/jigzaw_xyz/status/1770903501578592298

In terms of contracts, the @sudoswap-inspired mint-swap pool is code complete. Test coverage is around 97% at the moment, and some of the missing % is due to deficiencies in tooling. It's made me realize that we can do better:

In terms of contracts, the @sudoswap-inspired mint-swap pool is code complete. Test coverage is around 97% at the moment, and some of the missing % is due to deficiencies in tooling. It's made me realize that we can do better:

https://twitter.com/hiddentao/status/1771648583114109083

I've looked into actually using Sudoswap instead of my own pool code but at present I'm not sure if the added code complexity and gas cost is worth the effort. Still investigating 🧐

Over the past week I've had discussions with friends about how to incentivize people to complete the puzzle and have come up with the idea of a "lottery"...

To summarize the lottery:

5% of each trade goes into a pot. Puzzle players will receive lottery tickets (also NFTs!) as they complete tasks. Once the puzzle is completed, a limited no. of winning tickets will be drawn from the pot. These tickets can then claim their share.

I can't wait to reveal the website - jigzaw.xyz - as it will go a long way towards explaining the nature of the puzzle, the lottery mechanism. And why the art work has to be the way it is. 

This is what I'm building this week, due to be ready by next week.

The bigger challenge up ahead is marketing. I'm totally new to this and am basically experimenting with different marketing methods. I think I need at least a few thousand eyeballs on the collection to make it reach escape velocity.

Current thoughts are to explore:

* Twitter posts / replies / mentions and DMs to key NFT accounts
* Set aside X no. of NFTs to gift to key people
* Subreddits / other forums
* Cross-posting on Farcaster / Lens

Any suggestions are welcome!

For the art, it took a few iterations to get things to a satisfactory point. My requirements were:

* All images must be fully on-chain - this necessarily limits resolution and details to keep file size low.
* Images must be scalable - this necessitates SVGs