NFT Burn Snapshot Proposal

Voting ended over 2 years agoFailed

Summary: This proposal suggests implementing periodic "NFT Burn Snapshots" as a mechanism to create scarcity, increase the value of existing NFTs, and incentivize creativity in the NFT community. By burning a predetermined number of NFTs, this proposal aims to foster a sustainable ecosystem where quality and exclusivity are paramount.

Objective:

Create scarcity and exclusivity within the NFT marketplace. Enhance the value of existing NFTs by reducing supply. Foster innovation and creativity within the NFT community.

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Timeline

Jul 29, 2023Proposal created

Jul 29, 2023Proposal vote started

Aug 01, 2023Proposal vote ended

Oct 26, 2023Proposal updated