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pinnerAll about On-Chain Profit Calculator
On-Chain Profit Calculator Smart contract: https://etherscan.io/address/0x8a7011f6164bd4c1377d38a5f5618927915c228d#code Opensea: https://opensea.io/collection/onchainprofitcalculator/activity Attention! When you buy from secondary, please set gas limit to 400000 per NFT. Otherwise chance to get “out of gas” error. https://t.co/2nJaveAvGS If you don't do so it's out of gas in 80% of cases. Can't help you that.Why I made this collection:First of all, I did see a lots of degens us...
pinnerHow to construct an alpha signal when the Opensea API is not correctly functioning?
Hi, it’s pinner. The NFT tool pass meta in April reminds everyone how we need a good tool. However, most of the website only provides different information. And it’s up to user to interpret it.Why don’t they provide a direct alpha signal?First of all, Opensea API is not correctly functioning. It lacks some of the sales and people are not able to reconstruct the floor price of a collection. Secondly, the rarity makes it complicated to define the price. We will never sell a zombie cryptopunk at...
pinnerNews on Squarez, 2022/07/01
The mint price will be fixed at 0.025eth from now on, and the total supply will remain at 4200. All those who minted at 0.05 will be refunded 0.04 eth, thanks to their early support. Sorry I wanted to refund 0.05 so that the squarez will be free for you but there are some earlier supporters minted at 0.0069 and they did complain about the full refund:( The signal still works well, but the market condition is not good enough, and people would prefer a much lower mint price, even though the sig...
<100 subscribers
pinnerAll about On-Chain Profit Calculator
On-Chain Profit Calculator Smart contract: https://etherscan.io/address/0x8a7011f6164bd4c1377d38a5f5618927915c228d#code Opensea: https://opensea.io/collection/onchainprofitcalculator/activity Attention! When you buy from secondary, please set gas limit to 400000 per NFT. Otherwise chance to get “out of gas” error. https://t.co/2nJaveAvGS If you don't do so it's out of gas in 80% of cases. Can't help you that.Why I made this collection:First of all, I did see a lots of degens us...
pinnerHow to construct an alpha signal when the Opensea API is not correctly functioning?
Hi, it’s pinner. The NFT tool pass meta in April reminds everyone how we need a good tool. However, most of the website only provides different information. And it’s up to user to interpret it.Why don’t they provide a direct alpha signal?First of all, Opensea API is not correctly functioning. It lacks some of the sales and people are not able to reconstruct the floor price of a collection. Secondly, the rarity makes it complicated to define the price. We will never sell a zombie cryptopunk at...
pinnerNews on Squarez, 2022/07/01
The mint price will be fixed at 0.025eth from now on, and the total supply will remain at 4200. All those who minted at 0.05 will be refunded 0.04 eth, thanks to their early support. Sorry I wanted to refund 0.05 so that the squarez will be free for you but there are some earlier supporters minted at 0.0069 and they did complain about the full refund:( The signal still works well, but the market condition is not good enough, and people would prefer a much lower mint price, even though the sig...
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Contract address:
https://etherscan.io/address/0xbef8ae1986d7aad6c7f2322d448696ad58932d7a
Introduction:
Every BTC is mined from the contract. The rule is quite the same as BTC itself:
The tokenomics of BTC1155 is the following:
Initial reward: ~0.56 BTC per block
A block in BTC1155 is equal to 8192 blocks on Ethereum. (~1 day)
The first block in BTC1155 is the same as block 0 on Ethereum
Every 1024 blocks in BTC1155 leads to a halving. (~ 4 years)
You pay 10 Satoshi for every transaction as the gas fee. This is not applied to different marketplaces.
The initial mining cost (mint price) is set to 0.001 ether. It’s like the electricity cost for miners on BTC.
Let me explain why and how I set these parameters:
The initial reward is set at ~0.56 BTC per block so that we have a maximum supply of around 1155 BTC in the end. After that, miners can mine the transaction fee collected. That is also why I set a block to 1 day: the miner gets the last-day transaction fee.
The halving period was set to be like BTC, a ~4 years halving cycle. This is how an open edition can be speculated. With low mint cost the team is also forced to deliver more thing for future income.
Since the first block is block 0 on Ethereum, people will be able to mine every block between day 1 and today (~2048 blocks) at launch.
Chain Status: Minted while the contract was deployed. More utilities in #About the owner of the contract and eventually a BTC1155 DAO.
Swap Status: Owned by the contract itself, not transferable.
SAT: Every mine gives different amount of SAT according to the block number.
BTC: 1 BTC = 10^8 SAT, you can get it manually by convertSATtoBTC function in the contract.
LP: Provide liquidity to the pool to earn it.
The implemented swap in the BTC1155 contract only takes a 0.5% fee, which will be added to the pool to award liquidity providers. Also, I will set royalties on different NFT marketplaces to 10%, where 9% goes to the pool and 1% goes to my wallet.
With 10% fees, please, go to uniswap if you want to trade fungible tokens.
Otherwise, the swap is available on etherscan. Anyone who makes a user-friendly website will be very welcome and be awarded.
The owner of the contract can only set up the royalty on different marketplaces. I might or might not keep it myself.
The address that owns the CHAIN STATUS NFT (finally an ERC1155 token that does have an NFT, ha!) can
withdraw the mint price from the contract.
Set the mint price.
Manifest yourself (dm me on Twitter or put an offer on CHAIN STATUS) if you want to DAO this contract. Otherwise, the parameters will remain the same and I won’t change anything.
I have thought of making an NFT marketplace with the same collection, but finally, I give it up so that the collection remains clean. BTC1155 is ready for payment usage, I hope that the potential DAO can make good use of it.
The contract is not audited. I did test every function on my own but I can not ensure that I am always correct.
Contract address:
https://etherscan.io/address/0xbef8ae1986d7aad6c7f2322d448696ad58932d7a
Introduction:
Every BTC is mined from the contract. The rule is quite the same as BTC itself:
The tokenomics of BTC1155 is the following:
Initial reward: ~0.56 BTC per block
A block in BTC1155 is equal to 8192 blocks on Ethereum. (~1 day)
The first block in BTC1155 is the same as block 0 on Ethereum
Every 1024 blocks in BTC1155 leads to a halving. (~ 4 years)
You pay 10 Satoshi for every transaction as the gas fee. This is not applied to different marketplaces.
The initial mining cost (mint price) is set to 0.001 ether. It’s like the electricity cost for miners on BTC.
Let me explain why and how I set these parameters:
The initial reward is set at ~0.56 BTC per block so that we have a maximum supply of around 1155 BTC in the end. After that, miners can mine the transaction fee collected. That is also why I set a block to 1 day: the miner gets the last-day transaction fee.
The halving period was set to be like BTC, a ~4 years halving cycle. This is how an open edition can be speculated. With low mint cost the team is also forced to deliver more thing for future income.
Since the first block is block 0 on Ethereum, people will be able to mine every block between day 1 and today (~2048 blocks) at launch.
Chain Status: Minted while the contract was deployed. More utilities in #About the owner of the contract and eventually a BTC1155 DAO.
Swap Status: Owned by the contract itself, not transferable.
SAT: Every mine gives different amount of SAT according to the block number.
BTC: 1 BTC = 10^8 SAT, you can get it manually by convertSATtoBTC function in the contract.
LP: Provide liquidity to the pool to earn it.
The implemented swap in the BTC1155 contract only takes a 0.5% fee, which will be added to the pool to award liquidity providers. Also, I will set royalties on different NFT marketplaces to 10%, where 9% goes to the pool and 1% goes to my wallet.
With 10% fees, please, go to uniswap if you want to trade fungible tokens.
Otherwise, the swap is available on etherscan. Anyone who makes a user-friendly website will be very welcome and be awarded.
The owner of the contract can only set up the royalty on different marketplaces. I might or might not keep it myself.
The address that owns the CHAIN STATUS NFT (finally an ERC1155 token that does have an NFT, ha!) can
withdraw the mint price from the contract.
Set the mint price.
Manifest yourself (dm me on Twitter or put an offer on CHAIN STATUS) if you want to DAO this contract. Otherwise, the parameters will remain the same and I won’t change anything.
I have thought of making an NFT marketplace with the same collection, but finally, I give it up so that the collection remains clean. BTC1155 is ready for payment usage, I hope that the potential DAO can make good use of it.
The contract is not audited. I did test every function on my own but I can not ensure that I am always correct.
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