I have been playing around on Unifty.io and thought it was powerful to be able to create a farm with nft’s I created and designate what coin I wanted to use as the staking collateral. This opens all kinds of doors, right? Doing all of that on mainnet would not have been feasible just to “mess around” with given the enormous amount of gas it would cost. Thankfully, we have choices.
I have been using the platform for about two weeks now, earning and staking $COLD to earn CTC’s collection of NFT’s and learning the processes better. I think this platform could be used to create a revenue stream for the 1hive communities common pool.
Creating collections of NFT’s that require $hny as a staked collateral may also help bring in people that will buy to hold longer term. The NFT’s that are minted are erc-1155 and can have attributes.
It costs 50 xdai to create a farm. I have a NFT I received that will allow me unlimited farm creation for free. I am willing to donate this NFT to 1hive if we decide we can or will use it. Unifty is getting a ton of attention and we could be using the platform for free “advertisement” to people new to xdai chain simply by using it.
Should 1hive consider having a farmable NFT collection?
Create brand NFT’s that allow special permissions?
Allow community to submit art for minting and receive artist fee?
I am just thinking out loud again here. Most are extremely busy with way more important mechanics of 1hive that are way over my head. I do, however, know how to create these collections, mint NFT’s and create unlimited farms for free. Anyone see this vision also? Win win