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Feb 12

Venture capital Paradigm: an article to understand the NFT constant speed issuance and sales agreement

introduce This paper introduces the Constant Velocity Issuance Sales Protocol (CRISP), a pricing mechanism designed to sell NFTs at a target velocity over time. If we wanted to sell 100 NFTs per day, but could only actually sell 10, then CRISP would slowly lower the “buy now” price. If we wanted to sell 100 NFTs per day, but were actually able to sell 200, then CRISP would rapidly increase the "Buy Now" price with each new sale. We provide a Python notebook to simulate the behavior of this me...

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