VeryNifty v0.2 Beta Release, Community and Plans for Airdrop
The past 8 days have been very exciting for the VeryNifty community. Contributors are joining the platform, as of now no major bugs were found in the smart contracts, we finished the major components to have a simple and working NFT app, and we are starting to see early attention from community members that want to get involved in the project, but all this wasn’t before some hiccups.
Airdrop Failure
We announced the Airdrop thinking maybe 10 users will want to test the app, the internet being the internet decided for the tweet to go somewhat viral and before we knew it over 3500 people joined our Telegram expecting for something.
While Jules and Adam were on a 14 day sprint brainstorming, creating, designing and testing all the smart contracts, we didn’t think enough time about the technicalities of the airdrop. We decided to build a bot that will give a free vNFT per Telegram account.
Soon after the launch we’ve noticed many people were “gaming” the bot, we had to stop it right away for the benefit of vNFT’s future.
However, we always stated that we will continue with it as soon as we have a good solution.
Stay tuned during next week as Been, Viktor and others in the community are working on the mechanics of how it will work, we’ll share in the news channels as soon as it’s ready.
Stake for vNFTs Failure
The stake for vNFTs contract was the less interesting contract to work on during development in part because we knew we could replace it after launch (unlike the VNFT.sol), so we just deployed the first version we thought about, and soon enough we realized that 25 muse to mint a vNFT was too easy and would harm us. We decided right away to up the points required (now at 400) and will give more thought to Stake for VNFTs in the coming weeks.
Community Collaboration
We didn’t raise funding or did any type of presale, our main goal from the beginning was to create an open project where anyone could come in and donate from their skills and time to benefit the project overall, and for the project to not be dependent on us one day.
We are very happy with some early signs: the deisgn of the NFTs were done by someone from the community (thanks Rektmerev.eth), we’ve got a lot of help spreading the word and during launch day from Danielle. Rilainkill has been submitting graphs and helping with Telegram, Waffle opened source the VeryNifty tools (and almost gave us a heart attack), Adusigni created the FAQs, and many users shared a ton of ideas for the devs (😅).
We also got help with marketing tasks like designing the new airdrop and crafting a tweet, that went super viral and got us to ~350 followers, thanks Antonononon.
We also spontaneously tested the care taker function by giving our precious #0 to 1unicorn for the time being. This is exciting because now that we know it works and we can do a lot of interesting things in the near future, like tokenizing NFTs, different loan apps, fun philanthropy for good causes, and more.
Staking
Most crypto projects in this cycle start with a token and staking but no product, we think that’s bullshit.
We started with a product and no token, users mint tokens and we the devs get tokens if people use our app.
Soon enough we’ve noticed our users were requesting staking, so it seemed like a feature they wanted.
Today we’ve finally released staking for UNI LP Tokens. We are allocating 50 $muse a day total for all the pools.
We are using the popular MasterChef.sol contract however unlike other apps, we are requiring all stakers to own at least one vNFT alive in the gallery. This somewhat proves that they are current users (or at least know how to use the app) and long term supporters of our app.
What we are working on
Now that we have all the basic components ready, we can start focusing on bigger stuff. Our main goals right now is to find more artists, contributors and to start working towards listing external projects to be wrapped and take part in the vNFT ecosystem.
This is all experimental, don’t invest money in us
We like to emphasize over and over that this is all experimental and you should not invest money in us if you are expecting to make returns. This is our experiment with fair launching, NFTs and community development, we are trying to do something big or fail badly.
Stay tuned for more news coming next week as things seem to move very fast with vNFT.
