ravi 🎩
@ravi
We’re super excited to announce that you can now create Farcaster Channel NFTs on Hypeshot! When creating an NFT you have the option of selecting “Create a Farcaster channel” which spins one up automatically (on the protocol level) https://tinyurl.com/4dm5nchb
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ravi 🎩
@ravi
Since channels can be formed around NFTs, funds can be raised via creator fees on buys and sells / the price of the NFT. For NFTs created on Hypeshot, there is a built in Creator Fee of .000402 ETH on each transaction. Funds can flow to a multi-sig or any wallet address https://warpcast.com/nonlinear.eth/0x792090
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ravi 🎩
@ravi
In the Warpcast client, holders of an NFT could potentially get channel flair within the channel or special rights! https://warpcast.com/dwr.eth/0x13189f Other clients, could token-gate based on this NFT.
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ravi 🎩
@ravi
Ex. group chats can created utilizing platforms like farchat.xyz
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ravi 🎩
@ravi
Taking it a step further, creators of channels can leverage bonding curves using our liquid editions contract (hypeshot.io/create/liquid) so that early holders can get upside. On each buy and sell transaction the creator receives .000402 ETH + 5% of the NFT price
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ravi 🎩
@ravi
The first example we’ve deployed for this is for the channel Startups inspired by @colin https://warpcast.com/colin/0x19a686 You can mint here: https://www.hypeshot.io/collection/base-0x5842ee479b72b0daa871c1a8036204d0462ad1c6
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ravi 🎩
@ravi
We’ve also now added a new category on hypeshot.io to surface Farcaster Channel NFTs!
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ravi 🎩
@ravi
How It Works: Each cast in the channel has a parent url attached. That url can range from a website url (ex. nba.com to a NFT in the format chain://eip155:"chain-id"/collection-type:contract-address.
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ravi 🎩
@ravi
What we do is make it so @hypeshotbot will make a cast with the parent url in the format of the nft minted. Any clients that support ERC1155 or ERC721 NFTs can then show that cast, and start conversations around that NFT Ex for Startups
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