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rev
@rev
'burn to redeem' is such a powerful primitive that's been underexplored in the NFT space — among other protocols, @manifoldxyz provides great tooling for this.
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@bdunn
GaryVee has had ‘burn to redeem/upgrade’ w his nft project since he started in like 2021. Pretty cool way to do it since at the start there were tens of thousands of modestly priced nft’s, and as the years go by the hodlers will eventually be rewarded when there isnt as much supply as demand Good shit 🤟
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rev
@rev
so cool, thanks for sharing! would love to see more NFT collections use burn to redeem to gamify onboarding, lore creation, distribution strategies, and more!
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@bdunn
W garyv’s stuff, most of it is burning to mint a new nft w better rewards, then eventually burning the nft for something special like going to a basketball game or dinner or whatever w gary Cool way to gamify it and make the nft’s even more valuable as time goes on, looking forward to see what others create 🤟
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