Collectible Drops for $NFT Holders

Proposal: NFT marketplaces or creators (like Known Origin, CADAF or 3LAU) could drop collectibles to $NFT Holders and, in return, earn $NFT tokens.

Overview:

Incentivize platforms and creators to earn $NFT and join the NFT Protocol community. At the same, reward existing token holders with collectibles. It’s a two way street that gets our community owning collectibles, while encouraging creators and platforms to join our mission.

How it could work:

Option A - Top 50 Holder Drops

Platforms or creators could issue drops to the top 50 holders. In return a platform or creator earns say 5,000 $NFT Pros: This encourages everyone to try and become the next $NFT whale Cons: It may alienate holders without the ability to become an $NFT whale

Option B - Staker Drops

Platforms or creators could issue drops to all holders who have locked a minimum of 10,000 tokens in an NFT Protocol 90-Day Staking Wallet, and the holders are only delivered the collectibles if they hold for the full 90-days. In return a platform or creator earns say 5,000 $NFT Pros: This encourages holders to stake their tokens for 90 days at a time Cons: none, it’s amazing. May need configuration in the staking contract

Risk Mitigation:

The risk is that, like Rarible, creators start abusing the system and issue trashy collectibles just to earn the token rewards. This could be mitigated by:

1. only allowing a platform or creator to do one drop per month, to avoid abuse as well as make high quality exclusive content for us
2. requiring that the drop be approved by 24-hour community vote