Replies - Activity - Benji1 - Algorand

GP11 NFT Rewards - Shufl

Thank you @silvio_rules
We’ve found that the successful projects that go on and receive the bulk of the royalty boosts are the ones which activate their communities by coming up with incentives to encourage users to buy via Shufl, so even though we distribute to the creators, this more often than not...

GP11 NFT Rewards - Shufl

GoPlausible has undergone numerous iterations and the team continues to improve it; they are about to launch a major update which, if you’ve reviewed the testnet version, is extremely impressive. Just because you had one bad experience in the past (which potentially could have been down to other issues)...

GP11 NFT Rewards - Shufl

Thanks for your comment; seems there is some misunderstanding. GoPlausible has nothing to do with the Vendible project; they are entirely separate teams. GoPlausible specializes in POAP (proof of anything protocol) and they have numerous live solutions/products on chain. As for Vendible, the last update...

Shufl NFT Rewards Program Proposal Q1 2024

With the cap as is, we are saying creators must achieve 500A in total sales. As we’ve extended the rewards period to 8 weeks, this feels more achievable even for smaller collections. (It's approximately $12.50 per week in volume to qualify)
To Rach’s point, the way we have worded our proposal is based on...

Shufl NFT Rewards Program Proposal Q1 2024

Part of our thought process was that this campaign was most effective where creators ran community activations that encouraged trading on Shufl. The minimum cap is intended to encourage creators/projects to engage with their community and find creative ways to incentivize trading. This way the benefit is...

Shufl NFT Rewards Program Proposal Q1 2024

The terms of the rewards program clearly state we can only reward either creators or collectors. We have chosen to reward creators, as typically on Algorand, creators are generating low revenue via royalties, which is exactly why we see low levels of utility, marketing, etc. By supporting them, we hope to...

Shufl NFT Rewards Program Proposal Q1 2024

I agree that running it over a longer period would be better. However, as part of the terms of the program, we are required to have our proposal approved, meaning we can't start until late January at the earliest, then provide a report on the rewards program prior to being able to qualify for the following period...