the mechanism is working exactly as intended.
some participants are optimising their mints // generating more dust, accelerating scarcity, making whole integers harder to produce.
are they spawning presumed rarity and unintentionally creating commonality?
the market and time decide. early objects just became more valuable. 🦄
@BrotatoHuntero @uniaudio_fun Careful with this project, been looking into it and comparing it to @midiethereum (earlier project)
Looks like they just forked midi and are trying to out chart them
Long run, midi should win out because they’re actually creating
(Just my 10 cents )
100 ETH Peg2Peg volume.
see you at the next milestone. 🦄
currently working on improvements to user experience // marketplace activity notifications will soon be added to: https://t.co/cQbH7S3CIb
1// Peg2Peg is live.
a peer-to-peer marketplace for permanent on-chain digital art built on @Uniswap v4 hooks.
no middleman. no custody. hash and provenance intact on every transfer.
https://t.co/4oH64TKlPl
🧵🦄
$jiff uses v4 hooks in a similar way like $upeg does
There are two key differences. Jiff generates a GIF format of a polyp or a jellyfish. Also, there are rarities, and the chance to get a higher level one is difficult. The hook autobalances the rarity odds to stick to them
DYOR
Website update!
The website now dynamically displays live probabilities of hitting each of the five $JIFF rarity tiers vs. base probabilities:
https://t.co/WPn7xzKRoN
The probabilities are dynamic and change depending on how many of each tier exist at a given time.