Aoife O’Dwyer ↑ ✈️ 🎩
@aoifeodwyer
'Solstice' is minting for another 8hrs~ on @echowxyz 🩵 Minted to celebrate the launch of my new creator coin $EFA which offers immediate liquidity to editions which can be burnt back in exchange for tokens in the pool. Echow has built such a flexible platform for artists and collectors. Here's a rundown of all the fun stuff going on 👇 https://echow.xyz/drop/0xb6d662F4146E79739f802Ff35B868B9E11f83A26
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Aoife O’Dwyer ↑ ✈️ 🎩
@aoifeodwyer
✦ Drops are time limited editions – limited to 24hrs. ✦ The timer only starts once there is an edition minted. ✦ New mints reset the timer to 24hrs allowing demand to determine the final supply. ✦ Artists decide on an initial starting price. ✦ Each edition minted adds 10% of the original starting price to the next mint. ✦ Editions can immediately be listed/swept creating an instant secondary market. ✦ Editions by artists with creator coins can also be immediately 'burnt back' in exchange for tokens from the creator coin pool. ✦ The pool is funded by 10% of mint revenue from all creator drops. This means artists with creator coins get 90% of the primary sale revenue from mints. ✦ There is also a 0.5% trading fee that contributes to the creator coin pool. ✦ Creator coins are allowlist only for now so there are only a select few creators already setup. You can DM @quentinmerabet if you're interested in setting one up.
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