Basically, weโre expanding every possible way to accumulate more $HUNT into the Factory NFT NAV.
Product revenue, burn fees, other income streams, and donations.
The goal is simple: keep stacking $HUNT into the NAV and make the Factory NFT stronger over time.
The NAV keeps growing. The earlier youโre in, the more of that growth you get to experience.
https://t.co/XHSx7pWVzh
PSA.
You can now:
1. See your Factory NFTโs NAV growth and share it
2. Track the full NAV history over time
When did you first migrate, and how much has your NAV grown since then?
https://t.co/XHSx7pWVzh
PSA.
You can now:
1. See your Factory NFTโs NAV growth and share it
2. Track the full NAV history over time
When did you first migrate, and how much has your NAV grown since then?
https://t.co/XHSx7pWVzh
Factory NFT migration is going smoothly. In just two days, 417 Main Buildings (30.91% of all Main Buildings) and 7,524 Mini Buildings (68.4%) have migrated into 1,176 Factory NFTs.
To supply the HUNT these migrations need, and for the factory's onchain activity, we will move 10,000,000 HUNT, fully unlocked since March 2021, from our cold wallet to our hot wallet on Ethereum mainnet.
Since Oct 6, Hunt Town has run as an Onchain Product Factory. We build and run many onchain products, and their revenue backs one shared asset: the Factory NFT, whose HUNT vault grows with every bit of income.
Transfer plan
โข Amount: 10,000,000 HUNT (Ethereum mainnet)
โข Route: our cold wallet โ our hot wallet
โข When: this evening through tomorrow (KST)
Migrate your Buildings to Factory NFT: https://t.co/72sGW86Ei4
Product revenue is already flowing into the NFT NAV on Day 2. NAV per NFT increased from 1,000 to 1,001.77 ethereum:0x9aab071b4129b083b01cb5a0cb513ce7eca26fa5.
The Product Factory is starting ๐ฅ
Shipped a new experiment today: the Factory NFT.
Revenue from the products in Hunt Town buys ethereum:0x9aab071b4129b083b01cb5a0cb513ce7eca26fa5 for one vault, and that raises the NAV, the HUNT behind every NFT.
After nearly 30 products launched in @steemhunt since 2018, I'd been stuck on how to tie them all to one asset.
This is my answer.
Funny part: not a single dollar of product revenue has hit the vault yet, and the NAV is already up from 1,000 to 1,000.74 HUNT ๐คฃ
A few people burned their NFTs on day one, and the 5% burn fee stays in the vault for everyone still holding.
Let's see what happens when the real revenue starts landing ๐
https://t.co/ZoGjzsR8Sc
1,024,809 $HUNT in the vault.
Weโre just getting started, but $HUNT is already stacking in the Factory NFT vault.
Product revenue allocated to the Factory is used to buy $HUNT and add it to the vault, helping grow the NAV per NFT.
Havenโt migrated yet? Get your Factory NFT and be part of what we build next.
More products to build. More ways for value to flow back to $HUNT.
https://t.co/kbwKrbdFbl
10 years building on-chain.
30 products shipped.
0 mega-unicorns (yet).
Build 30 things and they call it ADHD.
Connect them together and it's a "10-year master plan"
Let's pretend it was the plan all along ๐
The factory is open.
Shipped a new experiment today: the Factory NFT.
Revenue from the products in Hunt Town buys ethereum:0x9aab071b4129b083b01cb5a0cb513ce7eca26fa5 for one vault, and that raises the NAV, the HUNT behind every NFT.
After nearly 30 products launched in @steemhunt since 2018, I'd been stuck on how to tie them all to one asset.
This is my answer.
Funny part: not a single dollar of product revenue has hit the vault yet, and the NAV is already up from 1,000 to 1,000.74 HUNT ๐คฃ
A few people burned their NFTs on day one, and the 5% burn fee stays in the vault for everyone still holding.
Let's see what happens when the real revenue starts landing ๐
https://t.co/ZoGjzsR8Sc