Hello Algo community. This is our plan for the next period of NFT incentives! GP10 Plan: Gems Q1 2024 NFT Incentive Program We would love feedback around allowing alternative asset volume to be counted towards total platform volume. Any ideas around how this would be implemented, or pros and cons …

On the GP10 plan itself, it’s simple and its rewarding for creators and NFT traders so no complaints there. On the topic of alternative assets - that’s a long one! I am strongly in favour of allowing and counting NFT sales in ASA tokens. If someone is willing to pay asa (lets say COSG) for nft an…

I see the free mint to add new users. But I would add more opportunities to onboard more people through contest, reaching out to outside communities for limited partnerships. This would actually be great time to give nft communities from outside Algorand a chance torelease their collection on our ch…

@Wilder what is the reasoning for the exclusion of non-Algo sales? So long as they have an LP value (and price impact is taken into account during calculation) I see no problem with it. Defi rewards are granted to plenty of pools that don’t contain Algo in the pairing :woman_shrugging:

I really like where GEMS is going with this. Very unique offering! I think the NFT communities would massively benefit if the only value that counted was meme coins such as $COOP $PEPE $USDC $PRSMS $FAME. I have a nice bag of COOP and PEPE i’d love to use.

I would also like that, but not sure who are in charge of doing it happens, it would be amazing if the primary sales of Cosmic Champs can be done in COSGs and getting its volume in Algo.

we would like to continue doing our primary sales in COSG very much :slight_smile: !

I think counting sales from community tokens is a no brainer and should be allowed. Unless something changes, its pretty clear the rules are really just suggestions so I would recommend counting them as its a big part of what the algo gems community has been asking for and you know is the right thi…

@Joana Please consider taking away Algogems NFT rewards and giving them to Rand instead. It will go much further with a team that has shown they can reliably support the ecosystem across multiple reward phases. Algogems just doesn’t do anything for the ecosystem at this point. Stats: 7-day volum…

You realize that gems data isn’t properly tracked pretty much anywhere ESPECIALLY DAPPRADAR? (and AF is aware of that) but gj showing your ignorance. (if they didn’t have equal share with lets say shufl they wouldnt have been included in the NFT rewards program) still by my information not 100% ac…

I am referring to at most the last 30-days. You are giving me 6 month figures… there is a mismatch in data between us. I think the data is self-reported… Current 24 hour volume is total $1.72 across 2 separate sales. https://dappradar.com/rankings/nft/marketplaces/chain/algorand

Gems Q1 2024 NFT Incentive Program

Governance Discussions

algopepe February 2, 2024, 5:21pm 13

You’re right. Dappradar is off by about 20x.

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Gems Q1 2024 NFT Incentive Program

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