My fellow apes, this is an unfinished thought and i dont think i can ever finish it…
because I do not understand enough about how tokenomics and how minting NFTs work and the effects it has on the ecosystem/metaverse.
Please entertain me if you have time.
What do you think about minting new NFTs with Apecoin?
This will take away from the total supply of Apecoin. (Increasing the value of Apecoin)
This gives you a chance to be a club member and get benefits (whatever that may be).
And maybe… after every mint, the cost to mint also increases.
Don’t be afraid to shut me down. I just want a logical reason behind it. Together Ape Strong.
Hey @Funkymunkay i am sure that with the new project Otherside and more things in the future that minting nfts and other DeFi functions will be available to holders. Take a look at some of the AIPs and read through the proposals to get a good idea of what may or may not be coming in the near future for APECOIN.
@Funkymunkay, i think @Circuitbrain is right. The roadmap with otherside, metaverse, gaming etc will mean a lot of new NFTs. In gaming for example, there is bound to be artifacts or equipment that is awarded, found, minted…
APE isn’t a governance token for Yuga or the BAYC, it’s a governance token for this DAO.
Nothing we vote on here can make the BAYC or Yuga do anything and they are on the record as saying that the BAYC will not have more members than it currently does.