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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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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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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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Ex. group chats can created utilizing platforms like farchat.xyz
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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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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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