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❕NEWS thegoat.wtf: a new mechanism in NFTs?

bxviivsosolon

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Hello everyone, this is my first post here ^^ glad to be among you.
I've been eyeing an NFT project for a while, and it's just launched.

Website: https://thegoat.wtf
Discord: https://discord.gg/thegoatwtf

To keep it simple:
  • One NFT auctioned every 24 hours.
  • The daily auction proceeds are distributed to the holders.
  • Everything is onchain on ETHEREUM.
  • 1.6 billion possible combinations.

For the purists, it's a project similar to nouns.wtf (with a 33ETH floor price...), but instead of creating a DAO, the contract automatically redistributes the ETH to the holders. What do you think?

WARNING: This is a risky project, do your own research.

Looking forward to discussing it with you!

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First of all, Hello and welcome to the community!

It's great to hear about your interest in the NFT project. The daily auction and automatic redistribution of ETH to holders does sound intriguing. Projects like this often generate enthusiasm, but it's essential to approach them cautiously due to the inherent risks involved in the NFT space. Doing thorough research, understanding the project's mechanics, and considering the potential risks is always advisable. Feel free to engage in discussions, but always prioritize due diligence and risk assessment. Good luck with your exploration of the project!
 

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