Giving away NFTEA NFTs on the Bitshares blockchain!
Bitshares NFT Giveaway announcement!
I'm happy to announce an upcoming series of NFT giveaways on the Bitshares blockchain!
Interested in receiving free Bitshares NFTs? Keep reading!
How will this be carried out?
Several bespoke open-source applications have been developed for the Bitshares blockchain which will aid this NFT giveaway process, namely:
- The NFT Issuance Tool - This tool will be used to create and issue the NFT on the Bitshares blockchain.
- The Airdrop Tool - This tool will be used to calculate airdrop vectors, and to broadcast the airdrop operations onto the Bitshares blockchain.
- The BEET multiwallet - This multiwallet will be used to approve broadcasting the above Bitshares blockchain operations securely onto the network.
Since the introduction of the above tools, it has become much simpler to create, issue and distribute NFTs on the Bitshares blockchain. You don't need to know how to code to do this anymore!
Given the above tools are fully functional and proven to work, the only remaining task in this NFT airdrop process moving forwards is creating the NFT artwork and deciding how to airdrop these onto active Bitshares blockchain participants!
Who is eligible for these giveaways?
To be eligible to receive a free NFT on the Bitshares blockchain you must meet the following mandatory requirements
- Have a Bitshares account
- BTS held on centralized exchanges will NOT be eligible for this NFT giveaway, so get moving your BTS back onto the DEX!
- Creating a Bitshares account is completely free, open one today!
- Create a Bitshares vote lock ticket
- This can be done within the reference web wallet, and from within the Airdrop Tool
- Note: Your ticket(s) must be active, not charging/withdrawing, so create your ticket(s) well in advance of airdrops you want to be included in!
What NFTs will be given away?
This is still a work in progress, however since the initial NFTEA collection was created the stable diffusion related technologies have significantly advanced, therefore newly minted NFTs will likely be even better than current collections.
A new model and several LORAs will be used alongside positive and negative input prompts to create desired NFT media contents which will be stored on IPFS for use with the on chain NFT.
The first NFT media contents will likely feature coherent art, rather than the abstract art style used in the current NFTEA NFT collection.
Can the community influence future NFT media?
Community input on future NFT media contents will be highly welcome! If you've got specific models, loras, positive/negative prompts, and stable diffusion settings in mind for your ideal NFT then please do share in this thread (and in each subsequent airdrop announcement thread).
Bear in mind, copyrighted and trademarked material cannot be used for NFT creation, and multiple models & LORAs have licensing limitations which may impede your ideas.
Check out Civitai for a large database of models, loras, prompts and outputs shared by the community for inspiration!
Why giveaway NFTs on the Bitshares blockchain?
There are several reasons for planning this NFT airdrop schedule, such as:
- To boost the quantity of BTS locked in tickets
- The more BTS locked, the fewer BTS on CEX and plausibly the greater the value of BTS moving forwards.
- To boost the DPOS voting participation
- Improving network security, decentralization and democratic participation
- To grow the NFT market, community and interest in the Bitshares blockchain
- To draw attention to the newly developed Bitshares NFT & Airdrop tools, encouraging others to follow suit!
How can I improve my odds of receiving an NFT?
To improve the likelihood that you receive an NFT airdrop on the Bitshares blockchain, here are several things you can do
- Upgrade your Bitshares account to a lifetime membership (LTM)
- Lock a larger sum of Bitshares ($BTS) in vote lock tickets, for longer periods of time.
- 180 day lock = 200% boost
- 360 day lock = 400% boost
- 720 day lock = 800% boost
- forever lock = permanent 800% boost
Which airdrop vector algorithms will be utilized?
A variety of algorithms implemented in the Bitshares Airdrop Tool will be utilised, these will be transparently included in completed airdrop announcement threads so that everyone can repeat the provably fair airdrop calculation to see for themselves that the airdrop was carried out successfully.
If you're not successfully included in an airdrop, unlucky, try following the above advice to improve your odds for receiving an airdrop the following friday, best of luck!
When will these airdrops take place?
These airdrops will take place for the next few Fridays; if there's a decent community reception and a noticable growth in vote lock ticket participation then this will be extended.
So, what do you think of this idea? Interested?
Comment below, I'd love to hear your thoughts!
Don't forget to check out the NFTEA Gallery and consider adding an NFTEA NFT to your collection!