Each token minted represents something good. (Non-profit mints 1 token per 100 trees planted).
Each token minted has a simple symbol as the first “layer”. (100 trees is a simple stick figure tree).
Every time the token is traded, the buyer can add a layer. (Beeple buys a token for 0.1 ETH, draws an apple on the tree, sells for 10 ETH to a collector who puts their signature at the bottom and flips to another collector for 100 ETH).
Every time the token is traded, 50% of the price goes back to the original minter. (55 ETH is sent back to the non-profit).
Very cool! First I'm reading of these besides hearing in passing. I'd also propose you change the numbers in the purchaser parameters, because if I'm following, A+B gets the minter 16>15.5, right? Although combined with the first example... having 3 NFTs in the ether could possibly lead to a greater volume of 'resale royalties' hah!
Building on Jared's type of idea (i.e., "layers"). What if the tokens represent an unfinished thought, like the start of a novel, and you purchase the rights to add the next layer to the story... Or we start with that clip of Thor, the next buyer adds another clip, and so on! A reverse crowdsourced movie?! Lol
Love these! Here’s another:
Each token minted represents something good. (Non-profit mints 1 token per 100 trees planted).
Each token minted has a simple symbol as the first “layer”. (100 trees is a simple stick figure tree).
Every time the token is traded, the buyer can add a layer. (Beeple buys a token for 0.1 ETH, draws an apple on the tree, sells for 10 ETH to a collector who puts their signature at the bottom and flips to another collector for 100 ETH).
Every time the token is traded, 50% of the price goes back to the original minter. (55 ETH is sent back to the non-profit).
Very cool! First I'm reading of these besides hearing in passing. I'd also propose you change the numbers in the purchaser parameters, because if I'm following, A+B gets the minter 16>15.5, right? Although combined with the first example... having 3 NFTs in the ether could possibly lead to a greater volume of 'resale royalties' hah!
Building on Jared's type of idea (i.e., "layers"). What if the tokens represent an unfinished thought, like the start of a novel, and you purchase the rights to add the next layer to the story... Or we start with that clip of Thor, the next buyer adds another clip, and so on! A reverse crowdsourced movie?! Lol