# GP9 Measures DRAFT - NFT Rewards

**URL:** <https://forum.algorand.co/t/gp9-measures-draft-nft-rewards/10613>\
**Category:** Governance Measures\
**Tags:** gp9\
**Created:** [November 14, 2023, 4:20pm UTC](https://forum.algorand.co/t/gp9-measures-draft-nft-rewards/10613 "2023-11-14T16:20:08Z")\
**Posts on this page:** 1\
**Showing post:** 1

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**Author:** ![Adri](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.algorand.co/adri/32/2310_2.png) [@Adri](https://forum.algorand.co/u/Adri)\
**Post date:** [November 14, 2023, 4:20pm UTC](https://forum.algorand.co/t/gp9-measures-draft-nft-rewards/10613/1 "2023-11-14T16:20:08Z")

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**NFT Rewards Approval and Allocation**

The NFT Rewards Program effect has gone beyond volume growth, [as shown in our latest progress report](https://docs.google.com/document/d/1veHjLC-0WBzV0h6JiEHFI6D1V6vWaPAdN82rQFkmmCI/edit?usp=sharing), and proved to be a source of attention from platforms and users on other chains strengthening our positioning among other top NFT chains. Here are some examples from Q4.

- [NFT enthusiasts recognizing](https://twitter.com/justnthephotog/status/1720898992341713179?s=46&t=NZiyPXVSu4GJsQlvxTaMBA) Algorand’s numbers in comparison to other chains deploying millions in tokens.
- [DappRadar recognized](https://twitter.com/InsightsByDR/status/1708542293911978422) Rand’s bucking the wider NFT trend.
- A shift of community sentiment providing growth opportunities for existing Algorand projects.
- [Messari Algorand Q3 Report’s key insights](https://messari.io/report/algorand-q3-2023-brief) highlighted the success of the NFT rewards pilot.

Considering that NFT rewards are subtracted from the amount available for general rewards, we have a measure seeking governors’ approval to run the NFT rewards program in Q1 and a measure seeking the approval of 650K Algo for the program in Q1, an increase of 150K from Q4’s deployment.

(The Foundation supports option A on both measure below.)

**Measure - Should we run the NFT Rewards program in Q1/2024?**

A. Yes  
B. No

**Measure - How much for NFT rewards in Q1/2024?**

A. Allocate 650K Algo  
B. Allocate 500K Algo

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_[View the full topic](https://forum.algorand.co/t/gp9-measures-draft-nft-rewards/10613)._