Hey Algorand, here’s our proposal for this quarter: [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 Let us kno…

It is as lazy as it the last one was wow… why just top collector/creator? If you are a close 2nd/3rd this feels so bad and we saw the drama this period already so change it finally. Also you mention how great those incentives worked but some of these collections just exist to farm your rewards and …

Definitely understand where you’re coming from. On why just the “top creator/collector”, we are given a limited amount of funds. If we split the prizes up even more, the attractiveness and incentive is drastically reduced. Some of these creators put in months of work, so the prize has to be large e…

I think the 2 week period and split between collector/creator definitely helps and is a good improvement. I don’t fully follow the single winner logic still, or the push back you had last period to extend it to more winners - I think you’re the only marketplace looking to incentivise primary/new mi…

I think doubling the weeks is a mistake. I’d rather see bye weeks to give people a chance to recover funds or have 4 straight weeks.

A winner on the creator and the collector side? That was the change? I don’t know if this proposal will be effective at pushing Algorand forward. I think the community has enough data to show your program is wildly unpopular at this point. Consider joining exa and distributing the rewards across a …

Please provide a very detailed rules about wash trading and projects/creators buying their own nfts. While your incentives are definitely working to bring volume to axn, i firmly believe that more than 50% of it is wash trading or gray zone inside buys. I love your plan though and it’s working. gj! …

Any way to paste the contents of that Notion site here to this forum? 1, so the proposal can be read on this forum 2, so we know if verbage changed. on an external site, paragraphs can be added 3, so everything is open and transparent 4, so terms are searchable on the forum Thx so much. Love th…

Added a section to discuss wash trading, let us know if you think this needs more detail: Participants must adhere to the NFT Rewards program rules, including prohibitions against wash sales. The creator, defined as the owner of the project, must not purchase from their own primary drops on ALGOx…

Adding the actual proposal text here: Our plan is simple and effective: It will consist of 4 period, each 2 weeks in length. Each week: The creator with the most primary AXN sales will win ~22,248 ALGO The collector with the most primary AXN purchases will win ~22,248 ALGO Every Monday after a…

We had the same concerns before the program about the “1 prizer per week” policy. Thankfully it does seem like this approach was pretty popular looking at the volume, and did accomplish the stated goals of the program effectively across the board. The match idea is interesting, might have seen it on…

GP11 NFT Rewards - ALGOxNFT

Governance Discussions

pillar February 22, 2024, 5:22am 21

Appreciate your feedback, but please be kind. We want to include both creators and collectors, as both are vital to the NFT ecosystem. We will continue to enforce the proposal and ARC-49 rules in this rewards period and the next.

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GP11 NFT Rewards - ALGOxNFT

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