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Phewz

@phewz

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@phewz
Which are the best / most original / most OG NFT collections on base?
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Deploying more capital – steady lads.
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trying to test something?
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send me a DC for more info or join the TG 💡 Learn: https://docs.gembox.wtf 🌐 Web: https://gembox.wtf 🖼️ Opensea: https://opensea.io/collection/gembox-wtf 💬 TG: https://t.me/gembox_wtf
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The special part: It's not your typical ponzi where "we're early" wins. The gembox reward system is a masterclass in tokenomics. NFTs are ranked and rewarded in ETH progressively, newer ones fetching more. ➡️ Read the Reward Calculations: https://docs.gembox.wtf/tokenomics/usdbox-tokenomics/reward-calculations
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To tap into the rewards of your BOX NFT, you'll need to burn it. 10% of it will be reinvested in $GEM tokens—half returned to you, half burned to make $GEM deflationary. Here you can see the current rewards and their initial prices (Final Bid).
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Every sale of a BOX rewards holders: BOX is engineered to gather rewards fuelled by the ETH received from auction bids. Imagine there are 11 NFTs floating around, and the upcoming auction for a new NFT closes at 5 ETH. This 5 ETH is then allocated across the 11 existing NFTs:
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gembox creates a tokenomic playground, where $BOX NFT auctions feed ETH rewards to current holders of both, $BOX and $GEM in an interesting flywheel mechanism. It's using the Nouns auction house contract to create a loop where strategy beats luck, every 6 hours.
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To get the full picture, you need to understand the difference between the two associated tokens: • $GEM is an ERC20 token with a deflationary twist • $BOX an ERC721 NFT backed by native ETH. To claim the accumulated ETH, you have to burn your BOX - triggering the flywheel:
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gembox's ($GEM + $BOX) tokenomics is a game of strategy, not chance. First mover tech on /base with very very novel ideas to combine ERC20 + ERC721 Some casts about gembox.wtf
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Who needs to use PFP NFTs as a collateral when you could use these instead?
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just sent 10 warps ✌️
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repeat after me: $GEM and $BOX are set to become the new standards for fair NFT ETH-backed tokenomics on @base. gembox.wtf
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The B in /base stands for BUILD The A in /base stands for ADAPT The S in /base stands for SHARE The E in /base stands for ?
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appreciate it!
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GM GM
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I am looking for a library to create Frame so people can bid on our gembox NFTs on /base Can someone help me getting started?
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I've just joined today after being too lazy for weeks; what’s the storage fee? I’ve grabbed 10k warps to support + fully make use of it.
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we're building gembox on /base - a first mover with novel, interwoven ERC20 + ERC721 tokenomics. Why speculate on the floor price of a random art/pfp NFT when you can use an NFT backed by native ETH... This is my first post on Farcaster, so pls lmk if you can actually read it. Thanks https://www.gembox.wtf
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