Hello Algorand! We wanted to share our NFT Rewards Program proposal: [image] Notion – The all-in-one workspace for your notes, tasks, wikis, and databases. A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team …

Just to challenge that justification a bit… The wash trade example you give where the difference is $28 or 150A of mint fees, and the reward is ~ $6400 or 32,000A. Does that really makes much difference? The real expense of the wash in either scenario would be marketplace fees = 600A to generate 3…

I like the suggestion for what it is - convincing projects to do their PRIMARY sales/shuffles on algoxnft. We need more even market share inNFT marketplace scene, this is imo a good step towards that and as creator i can support it. I would however suggest reducing the rewards per week a bit and mo…

Great feedback, keep it coming! Love the idea about leaderboards and comments on how often shuffles might happen, and appreciate the kind comment, Simon :smile:

Seconding the importance of taking secondary sales into account. When looking at chains for NFTs, people want to see a healthy market for flipping and actively trading. This is just a matter of reality. They are less concerned about primary sales.

Any updates on changes being made to this proposal? I have seen a few posts from creators announcing their upcoming drops on AxN based on the draft proposal. I think the NFT ecosystem would benefit from seeing the updated document with changes you’ve made based on the communities feedback.

7 good shuffles on algorand in 7 weeks? wont happen sorry. sounds too easy to game also you ignored feedback since you just argued why you think that you are right which is not how feedback works

So for the proposal one winner each week will receive 32K Algo and that’s the plan?

Paying people to flood the market with tons of new NFT collections will absolutely have consequences for our already struggling ecosystem. If the aim was to attract new creators from other popular chains with a track record of success and an audience they could bring with them, that would be one th…

Yeah I agree, Im glad AlgoXNFT got on the rewards program but the proposal needs a solution that will help us grow. The current one is not very good and or thought out. Maybe take a look at multiple proposals to see what has already been said or written down for more reference. @pillar

ALGOxNFT Q1 2024 Proposal

Governance Discussions

pillar January 15, 2024, 10:22pm 9

Yup, thanks for all the thoughts. We’ve updated the proposal with clarifications, logistics, etc.

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ALGOxNFT Q1 2024 Proposal

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