Incentives
For Creators
- Lower barrier for entry for creator's collections due to lowered risk for buyers.
- Ability to re-mint provides options for users while supporting floor price
- Collections launched on GumBall have the added support of the GumBall community, space in the GumBall Discord, etc.
- Ease of buying and selling encourages higher volume
- No need to build additional utility, users don't pay money for promises of future development.
- GBT staking encourages liquidity to stay in a collection's bonding curve.
For Collectors
- Lower risk for buyers- instant liquidity allows for exiting gNFT positions when desired.
- Users can re-mint their NFT for a fee if they prefer a different piece of art from a collection
- Staking option provides a way to potentially offset original cost of NFT (profit is not guaranteed or to be expected from staking)
- Utility and ability to liquidate encourages higher volume and swap fees benefiting stakers.
- Native liquidity from GumBall is compatible with other NFT liquidity options. gNFTs can be used in ecosystems that bring liquidity to existing NFT collections or tokens for added benefits.
Last modified 3mo ago