Social media is now sufficient by itself for whitelisting.
Wallet collection for whitelisting is now a thing of the past. Introducing 0-WW™, developed by yours truly.
Social media is now sufficient by itself for NFT mint whitelisting.
Introducing Zero-wallet Whitelisting (0-WW™), a custom in-house solution developed by the CTO @builciber, that implements cryptography at the smart contract level.
today is @BlockNads mint.
I’ve been talking about this project since July 2024 as it’s one of the most organic NFT collection on Monad:
- free mint
- only 999 supply
- WLs has been manually curated
- they haven’t been doing mass GAs
they also built @The_BlockBot in parallel.
bullish af.
send that thing straight to Jupiter.
New look, who dis?.
View your entire portfolio at a glance, tap a position's token symbol to obtain more information about that position, now live on @The_BlockBot
We're DEFYING across all facets. We've EXPLORED where few dared to traverse.
It was fun inventing 0-WW™. I still recall the eureka moment I had that provided the last piece of the puzzle. Wallet collection for whitelist mints now seems primitive.
Developing the raffle mint (public mint) system was also fun, it was slightly more complicated than I had presumed. As a result, humans and bots are now on equal footing.
Now for the final act: The crystallisation of EXCLUSIVITY through the dispensation of art.
Where we're going, defiance and innovation will be commonplace. Brace yourselves.
BlockNads MINT DETAILS
From the beginning, BlockNads has always been about one thing: Community.
Be it building, experimenting, and growing, we've always done it alongside the people that matter: Our Community.
That’s why we built 0-WW™ which is a system designed to prove that social media alone can be enough for whitelisting. Our community can be at ease, knowing they won't need to meet a wallet submission deadline.
And now, we’re taking it a step further. Our mainnet mint will be powered entirely by 0-WW™.
BlockNads Mint Structure:
The mint is a FREE mint, and it will run in two phases:
1. BlockPermit Mint Phase
2. Public Mint Phase
Our public mint won’t be your typical, chaotic FCFS mint because we designed a process that is fair, bot-resistant, and accessible.
How the Public Mint Works:
There will be a ticket sale phase. Each wallet can purchase tickets at $0.99 each. Tickets are non-refundable and only winning tickets get to mint the NFT for free.
A wallet can buy multiple tickets (capped at 100 per wallet) to increase their odds, but no wallet is guaranteed a win.
This approach drastically limits bots and gives everyone a fair chance while keeping the mint community-centric.
Dates:
Ticket Sales: Go live on Monad mainnet day one
BlockNads Mint: December 1st
More details on 0-WW™ and the public mint mechanics will be released soon.
@donorail@monorail_xyz Epic. Was about to ask about Monorail's mainnet readiness and API endpoints on the discord. On what platform will the Mainnet integration changes for integrators be announced?.
@_CHITRESH_@The_BlockBot Yes, the current wallet system will transfer to Mainnet. But you'll have to fund your BlockBot wallet with Mainnet MON in that event.
Over the course of @The_BlockBot beta testing, I saw some novice questions from testers that prompted this explainer series. We'll begin with Slippage:
What is Slippage?.
Slippage is a deviation from your expected output amount of tokens.
Why slippage?.
In between the time it takes from the submission of your trade transaction to the blockchain to its execution on the Blockchain, the token's price could have changed in that time, which in turn reflects on the amount of tokens you'll actually receive. The longer it takes for your transaction to be included in a block (executed)—you can fasten this process by rewarding validators with a competitive priority fee, the more price could potentially change in any direction. An explainer on transaction priority fee and how to take advantage of it as a trader is coming soon.
What is Slippage Tolerance?.
Your slippage tolerance —aptly named— defines the max allowable deviation (slip) from the expected output you're willing to accept. A slippage tolerance of 5% means you're willing to accept a MAXIMUM of 5% LESS tokens from the expected output (4% less tokens? Fine, 3% less tokens? Fine, 2% less tokens? Fine, 1% less tokens? Fine, 0% less tokens? Perfect ). In an ideal world, you should receive 100% of the expected amount but the real world is different. A 5% slippage tolerance means you're willing to accept 95%, 96%, 97%, 98%, 99% or 100% (obviously) of the expected tokens but you won't accept 94% to 0% of the expected amount—the dEX smart contract will revert with an `Insufficient output amount` error in that case.
We'll be adding shorter explanations of some trading concepts somewhere in BlockBot soon. See you in the next explainer.
- What we're doing is impossible
- We're going to do it
- Agency is how we do it
- Obsession is how we do it better than anyone else
- Truth seeking provides direction
- It will be glorious