Jonny Mack
@nonlinear.eth
excited to announce STP: the Subscription Token Protocol its an extension of the ERC-721 NFT standard, with a temporal dimension and economic incentives for distribution, adoption, growth, and retention https://blog.withfabric.xyz/stp
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nir.eth 🌿🟣🐦☁️
@nir
nice! how did you tackle the price issue? Can I price my subscription in USD but have users pay in a unique token? Let's say my SUB token is worth $1 today and $5 tomorrow, will new subscribers need to pay 5x tomorrow or will existing subscribers be priced out? have thought a ton about this
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Jonny Mack
@nonlinear.eth
by default supply is uncapped, so trading above subscription price us unlikely. if the creator caps, then price volatility is a possible (and expected) outcome. wallets can only have 1 subscription token at a time
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