Aka burn NFTs below floor price and invest on NEAR decentralized network with Varda Scarcity tools.
Proof of Stake is not only an upgrade of the current state of the art pProof of Work blockchain ecosystem, is a completely different paradigm for decentralization and we still need to build it day by day.
In PoS our contribution is not building our mining node anymore, it’s staking into a pool, with a node that reflects our values in its activity on the blockchain, along with ensuring a percentage of its earning to its stakers.
Choosing the staking pools ensures reliable earning and the growth of that very part of the ecosystem you’re interested in.
While PoS rises the NFT ecosystem thrives like never before, with the potential of royalties, as a path for a dying art world to leverage this new technology and welcome the exploding creative spring with new visions, evolving and expanding as the market get established.
Vision was all that mattered in 2018, when superrare was born, and why should we say that Varda is any different?
Thee first investors of the superrare marketplace, a flagship of the NFT art world, were the first believers in the path that led digital art to merge into the NFT technology:
Sound Ventures for whom we also have a superrare network graph
The bright part of this marketplace’s growth lays in its ability to create network and interactions between investors and artists, allowing projects to develop relationships while contributing to the whole ecosystem: the measure of success itself is based on the artist’s monthly revenue, increased by a stunning 35'000% in 3 years.
Each user, artist or collector alike , get to be part of an ecosystem that grows in symphony.
With the recent introduction of collectors royalties being part of these networks/projects is even more rewarding, and each “node” of the network is bound to an high level of revenue by each transaction, countering the tendency of floor prices to go down, a problem that all NFT “transactional investors” (also known as flippers) know well.
On our NEAR protocol ecosystem we have one marketplace that promises to reward networks in the same way Few and Far, currently under development.
But NEAR is already a PoS blockchain, and the very same network graphics that you see above for the Superrare NFT marketplace can be drawn for each node of our carbon neutral blockchain, most of them are also active to enhance the ecosystem in a peculiar way.
Open Shards Alliance is a guild, with its very own smart contract, merged on the main near validators network last year, the alliance was one of the first guilds of the ecosystem enabling small investors to merge their efforts in a single pool and start building a validator before getting to have a large pool of investment (current minimal stake for a node is about 2m near).
Figment is another example, a validator in many blockchain and has its own way of using the earning to improve code litteracy in each community it touches, with learning “pathways” for each blockchain it is active on most of them rewarded.
Thanks to Figment hubble we can also check the network for each validator, see who’s staking in their pool, the amount of fee requested by the validator for its services to each investor and the earnings.
Varda wants to work in this direction, building to connect investors and creators in a virtual hub, ensuring reliability of investments and of earnings, we use the examples mentioned above to build our vision.
