dylan
@dylsteck.eth
Launch day is finally here! 🟪 🚀 @luciano and I are releasing grouppurple.com -- bid on the @purple auction as a group. Here's how it works: - Sign up & create a project through Juicebox - Add your project ID to the Group Purple site - Bid on the Purple auction with your friends 😎
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WholesomeCrypto
@rudy
Won't this make it more difficult for individuals to bid on @purple?
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dylan
@dylsteck.eth
How so? Groups and individuals can bid on the same auction(purple.construction) More so to gather people who would be disinterested in the current prices but still want to get involved
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WholesomeCrypto
@rudy
Oo so one individual at random in the group would get the purple? I thought it was going to fractionalize purple between the group. My concern was that a group would have a much higher chance to outbid a single individual.
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dylan
@dylsteck.eth
Ahh gotcha. The group and individual are making the same type of bet so it’s a leveled playing field — and nobody else has created a group yet so we’ll have to see if that becomes an issue or not Right now it’s a lot less streamlined, you just choose who does the voting or can create a multisig
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dylan
@dylsteck.eth
Not really focused on fractionalizing the purple rn as much as we are focusing on how the group can make decisions in Purple(or for themselves) together Maybe they don’t become too active in the DAO but either way we’ve seen some interest for a product like this and it’s gonna be cool to see how it’s used!
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WholesomeCrypto
@rudy
Yeah definitely an interesting experiment. I still need to get a purple 😁
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dylan
@dylsteck.eth
feel free to join our telegram! many others are in a similar situation https://t.me/+5qvHaVob3CI0ZWNh
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