[Proposal] - speed up the burning by launch multi-person online collaborative painting activities(like reddit's r/place) regularly and cast the result of each painting activities as an nft

Drg_Ggvg · May 17, 2022, 1:14am

drgg62086/luna/blob/main/README.md


# [Proposal] - speed up the burning by launch multi-person online collaborative painting activities(like reddit's r/place) regularly and cast the result of each painting activities as an nft

this activity may require the development of some DAPP,
or just create a smart contract that everyone can send a little luna to this address to modify specific pixel color

And then,here can set up two modes:  
'free mode' or 'auction mode'

in 'free mode',It’s will be the same as r/place(The cooling time can be shorter than 5 minutes,it depends on the speed of transaction)

but in 'Auction mode' , if someone want to modify a pixel that has been modified by others, they need to consume more luna than others

Either way,at the end of time, the canvas will automatically be cast as an NFT to auction, and the auction proceeds are used partly buy luna for burning and partly for distribution according to the last modifier to each pixel on the canvas,this will encourages people to get involved 

if it works well, and taking advantage of the popularity of luna + the possibility of '0.00001 to 100' + the special cast NFT mode that no one’s ever tried before, 
that should attract a lot of participants, more and more popularity , and speed up the burning of UST and Luna more and more fast

and even if the final NFT can be bid an incredible price(the price is based in luna and trade is also in luna),
reach the $100 goal in a month also is not impossible

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Drg_Ggvg · May 17, 2022, 1:34pm

The key point is:
the casting process of NFT is automatic, and the nft generated in this way, does not belong to anyone in the first place

Drg_Ggvg · May 18, 2022, 1:10am

in fact, the fungible token was also be mint by collaboration mode(bitcoin mining)
why can’t Non-Fungible Token be created in “multiplayer” collaboration mode?

Drg_Ggvg · May 18, 2022, 5:21am

In addition to taxes, multi person collaborative activities of ‘casting Non-owned NFT‘ can be used to create more fluctuations and consume a lot of gas

and the final auction of Non-owned NFT wil still consume a lot of gas