Mike🎩
@yekim.eth
Thinking out loud: Interesting model for aligning NFT collections that launched memecoins is doing buy backs with fees of coin and nft. Trading fees from coins go to buying NFT, trading fees from NFT go to buying the token. For zora model would just be fees go back to buying token? Maybe better if baked into contract? Maybe not meaningful enough? Positives? Negatives?
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Lucas
@0xl
Talked about this a good amt with @coopahtroopa.eth @levy @db3045 Allocating mint sales towards token buybacks seems like a promising model - just need to get holder retention right on the distribution side (vs. everyone immediately dumping)
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six
@six
NFT buybacks don’t make a ton of sense to me since you end up reducing the potential size of the community, ideally you want more people with skin in the game not less. Ofc some optimal amount where team also owns some and has alignment
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ripe↑
@ripe
that's what i've been doing on mine it'd be v nice to have as an option to automate as part of the creator experience buy and add to lp or burn
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Garrett
@garrett
Doesn’t actually solve demand Just lessens or offsets sell pressure
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levy.eth
@levy
currently experiment with this as we speak with $jkc and a new @mintpod episode. follow along: https://zora.co/coin/base:0x78f11d82f93cf707d98e00870c9debf3601fa397 https://bp.fun/collect/base:0x1F7D07fDdcA786Af369e6e862919efaDD8031731/0
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3Vortex
@3vortex
This model promotes liquidity and community ownership, aligning NFT and token value. Positives include deeper integration between assets, potential for price support. Negatives might be complexity in execution, ensuring fair distribution of profits. Zora's model simplifies by reinvesting fees into token buybacks, easy to implement but may lack the NFT-token synergy.
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