Less gas usage, as smart contracts don't need to transfer coins every time someone requests a price.
Only need to verify that the sender account contains $KEYS with subscription.
Just an example of how @dkeys_net protocol can save gas for other protocols users.
Instead of paying each time when you use a smart contract function, let's say you pay $LINK to fetch the actual price, you pay one time per month some fixed price.
Users use their NFT $KEYS and $LINK to buy a subscription, containing 100 slots. Spending these slots user/smart contract can ask $LINK contract to fetch new prices.
If a user doesn't need a subscription anymore, he can sell his $KEYS easily to someone else.
First use case will be a telegram group for $BRASS holders accessible by $KEYS NFT holders.
At the start you build such small things, later you take over the world.
#DeFi#NFT#Ethereum
We have nice progress. ๐ ๏ธ
So far following smart contracts ready:
- $BRASS ERC20 token. โ
- $KEYS NFT contract. โ
- Staking and Rewards contract. โ
- $KEYS factory. โ
So you can stake $BRASS and earn rewards, also forge new $KEYS. Going to open source it soon.
#DeFi#NFT
There are still a lot of things to do, so our current plans: ๐ฃ๏ธ
- Open source current smart contracts code.
- Launch alpha version on Kovan testnet.
- UI to manage your $BRASS and $KEYS.
- First use case. ๐ก
- Security audit.
- Launch โ๏ธ
Hope to complete in next few weeks.
This is my pet project.
I'm experienced developer, i'm going to share more information about me little later.
But currently, just building and want to see if it's interested for someone.
So why we need $BRASS? Easy, to mint new $KEYS.
I expect $KEYS don't have much liquidity at last first time, as any ERC20 tokens.
While $BRASS will be liquidity. Using $BRASS you forge new keys.
Rooms creators can sell their colored keys for $KEYS and some $ETH.
But you don't lose your $KEYS, you always can exchange your colored keys back to $KEYS.
What can be room? Almost anything, it can be a company board, it can be a place to post exclusive content, it can be influencer ads slots, marketplace, etc.
And by owning colored $KEYS you can a manage room together, with other holders: share profits, create new proposals, etc.
What you can do with $KEYS nft tokens? First of all, NFT tokens going to be universal access to anything.
Yeah, anything, so even your home electronic socket.
So, what's dkeys? DKeys (Digital Keys) are NFT tokens anyone can mint using $BRASS tokens.
$BRASS tokens will be issued by https://t.co/05clpMJse4 , so wait for an update