This project started as a fun side project which I didn't expect to get much traction. But now all pixels are sold at least once and 60% sold at least twice, and it's still growing.
As the price of the pixels goes up, the gas costs become less important. So moving the Ethereum becomes attractive for several reasons:
- The Ethereum chain is most likely to survive the tests of time
- There are a LOT more people (with larger wallets) on Ethereum than on Polygon
Proposed Process
The main goal during to this transition would be to reduce friction and costs for the small holders (and all holders really). So these would be the steps:
- Deploy a migration contract on Polygon where you can deposit PIXEL tokens.
- On Monday the 26th of July the canvas will be snapshotted and frozen and a new contract will be deployed on Ethereum that includes ALL pixel data and ambassador program info. All PIXEL balances in the migration contract will be migrated to Ethereum. All this at NO gas costs to the users.
- The canvas will reopen on Ethereum for another 2 weeks before the final NFT is created, giving users on Ethereum ample time to join history and buy their share of the canvas.
- After migration PIXEL tokens can still be placed in the migration contract and occasionally these will be brought across and airdropped on Ethereum.
Let's go for the big league! :P