For an intro about all GP7 proposed measures, please see this post . Measure 5 - NFT Rewards Approval NFT monthly trading volumes in February and March 2023 on Algorand have been reducing compared to the previous year – likely due to the continuation of the bear market and the MyAlgo hack, which im…

How will marketplaces be chosen? I think that it is important to have marketplaces that enforce creator royalties to help boost the ecosystem as a whole.

Hey @LoafPickle did you read the criteria? [image] Adri: Criteria and other requirements for this program are available at [Terms of the Program]( NFT Rewards T & C - Google Docs ) (Please ensure you read the terms of the program before commenting) We’re taking feedback on that as well. Thank…

No criteria in regards to Royalties being mentioned. Per the EXA lootbox structure, people will wash trade NFTs with no royalties set in order to pay the least amount of fees possible. Without proper incentive to take care of active projects, you will see rugged projects with 0% royalties set on EXA…

Has the foundation given guidance into why rewards in the US is no longer allowed?

Which marketplaces have legal entities in US, Canada and India? Thinking specifically about Rand, AxN - are they ok?

I’m also curious why US companies are excluded from receiving funds. It seems extremely unfair to get an advantage based on geographic location. What happened to a borderless economy? If there is some reason the Foundation can’t help US companies that should be made clear. Also, is there some disti…

Seems to be avoid issues with US Securities laws. Gensler strikes again. :pensive:

NFTs are a critical component of the ecosystem, and while this pilot is a good start it doesn’t go far enough. NFTs drive adoption significantly. If the platforms are going to survive and grow in this space, they need volume. While 500k isn’t a small sum, in relation to how much is provided to the …

rewards should be somehow dependent on royalties since without those creators and their active work on their projects this wont help the ecosystem at all. imo no rewards to traders when trading 0% royalties listings and a gradual increase in rewards for trades dependent on the royalites (more roya…

GP7 Measures DRAFT - NFT Rewards Pilot

Governance Discussions Governance Measures

LoafPickle May 17, 2023, 1:30pm 6

Start at (C): Disclaimers | Algorand Foundation

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