💡Making NFTs More Like Memecoins
It's time to do something completely different.
Every NFT (using the ERC1155 standard) is the exact same. Let's call this the base layer. Think of it as your canvas.
Make this base ERC1155 NFT very liquid. It's tradable on Uniswap as a memecoin and on NFT marketplaces. You can easily convert between the two forms 1:1 using a dApp.
Let's give it a massive supply to make it fun and ultra-accessible.
Users can customize this base layer NFT however they like via a customization dApp. Virtually endless combinations are possible. To mint your creation, you burn your base layer NFT.
This unique model combines NFTs with memecoins in a way that can both scale for large communities and introduce endless variety...
We're calling it the first meme-fungible token (MFT).
A diagram for the tech-savvy people out there 🤓
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