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RealityCrafter
@realitycrafter.eth
If you're on Base looking for the next undervalued, high quality, longterm project, you're probably looking for $TRASH. No really. $TRASH is one of the first ERC404s on base, and really makes good use of the capabilities of this unique semi-fungible token standard. 🧵 👇
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RealityCrafter
@realitycrafter.eth
$TRASH has 5 levels of rarity that you can roll into. Re-rolling is baked into ERC404s. Anytime you split a single token by sending a portion of it to another address and then recombine to have over one token in the new address, the contract generates a new NFT for that token.
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RealityCrafter
@realitycrafter.eth
This means you can trade full tokens and keep the NFT attached to them, just like any other NFT in Opensea. https://opensea.io/collection/dumpster-divers Or you can buy a fraction off Uniswap. https://app.uniswap.org/explore/tokens/base/0xdf00fde26a6819507649904ca52fe5062ef75ba7
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RealityCrafter
@realitycrafter.eth
But what really takes this project to next level is Waste Management, the community DAO which uses the token for governance. $TRASH launched through a semi-bonding curve of liquidity pools. And from the start, Waste Management has governed and received revenue from these pools.
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RealityCrafter
@realitycrafter.eth
Now you may be wondering how the different levels of rarity factor in. Introducing... The Dumpster. (dumpster.trashnfts.com) You can stash your $TRASH at the Dumpster in order to mint a Dumpster Diver PFP. The more rare your $TRASH, the higher percentage chance to mint a more rare Diver.
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RealityCrafter
@realitycrafter.eth
Each PFP is assembled from a selection of hand drawn traits. Now that's what I'd call some rare garbage.
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RealityCrafter
@realitycrafter.eth
But we're not even done yet! If you want to get back your $TRASH, you can toss a diver back into the Dumpster and get back out the original $TRASH that was stashed for it for a 'wee fee' that goes back to the DAO. This allows the supply of $TRASH to remain fluid and opens the door for future trade systems.
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RealityCrafter
@realitycrafter.eth
As you can see, this project takes a playful approach to exploring some truly novel onchain capabilities. Along the way it is building a not insignificantly sized treasury and btw, the core team is stacked. @artichokelord - Artist @willywonka.eth - Community Lead @512mace - Marketing @jacobhomanics.eth - Dev @realitycrafter - Dev
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