What is an NFT?
"Some tokens are fungible, this one is not" - Sahib Singh
A non-fungible token (NFT) is a cryptographic token that represents a unique asset. NFTs enable digital property rights. They are not interchangeable with each other and introduce scarcity to the digital world.
NFTs are being created (minted) every day and many people use NFTs as collectibles. Some buy them as investments, some do it to support the creator or artist, others might just do it for the bragging rights that comes from owning a specific NFT.
Problem: As a Creator, how do you give back to your community?
A community is essential for the success of a Creator's collection. Many Creators know this and some Creators may want a way to give back to their communities.
But how can one know how much each individual collector in the community should be rewarded? - As the impact of each collector will vary. Furthermore, a Creator would also be interested in knowing how Collectors could become even more motivated to continue supporting a specific collection.
This is where implementing a Collector Score could be beneficial.
Learn from the Best
We know from NBA TopShot, one of the biggest NFT projects out there, that a Collector Score help understand the engagement level of each Collector. It also indicates if a Collector is valuable to the community and it gives the Collector a sense of accomplishment and growth as one's Collector Score increases when one collects more new NFTs.
Use and build Hyperverse Modules
Hyperverse is a platform and DAO (Decentralized Autonomous Organization) that has web3 modules that you can use to, for instance, create your own NFT collection and mint it.
I propose building a Collector Score module that can interact with any NFT module on Hyperverse.
Having a Collector Score would allow Creators to know how much each collector should be rewarded in terms of maybe an NFT airdrop or social token distribution.
The score enables for the potential Dapp (Decentalized application) creation of leaderboards and encourage more engagement in the community.
Benefits of the Hyperverse
Using existing Hyperverse modules allows developers to build and launch Dapps in just a few minutes. The modules have been security audited and deployed on the blockchain. So you don't have to learn how to write smart contracts to get started.
Hyperverse allows anyone to build modules and provide the code to other developers. Every time your code gets used you would receive lifetime royalty from your module. Learn more here
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