Contract for managing sale, redemption and revenue split for on-chain product drops.
this can be an extension / built on top of the current NFT wearable contracts we have with Manifold CreatorCore
spec:
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allow purchase of product in either ETH, a certain token, or stablecoins
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Allow creating / linking a 0xsplits contract to manage the list of collaborators and their % share of revenue. NFT sales revenue should be forwarded to this contract
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Allow for anyone to "fund" the drop, which would secure them a fixed % of the revenue split once sale goes live, incentivizing people to front the money for drops they have conviction in.
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0xsplits contract should allow for fixed production costs to be paid off first to the Funder before splitting the profits to the collaborators (this is a feature native to 0xsplits)
Default split (tentative): 10% to MetaFactory DAO, 10% to funder, 20% to Dev Team, 20% for client, 40% to production / drop team.
Nice to have / future functionality to consider:
- allow for refundable preorders at a discount before the sale goes live. Preorder just keeps the users funds in the contract, but doesn’t mint a NFT or split the revenue (essentially staking). Once sale goes live, users who preordered can mint for “free”, which then transfers the preorder funds to the 0xsplit.
- integrate ERS (Ethereum reality service) to link products to a set of HaLo chips. when the product is produced, each chip is semi-fungible with any tokenID.
- integrate with curation game, allowing a % of sales revenue to go to curators.
Contract for managing sale, redemption and revenue split for on-chain product drops.
this can be an extension / built on top of the current NFT wearable contracts we have with Manifold CreatorCore
spec:
allow purchase of product in either ETH, a certain token, or stablecoins
Allow creating / linking a 0xsplits contract to manage the list of collaborators and their % share of revenue. NFT sales revenue should be forwarded to this contract
Allow for anyone to "fund" the drop, which would secure them a fixed % of the revenue split once sale goes live, incentivizing people to front the money for drops they have conviction in.
0xsplits contract should allow for fixed production costs to be paid off first to the Funder before splitting the profits to the collaborators (this is a feature native to 0xsplits)
Default split (tentative): 10% to MetaFactory DAO, 10% to funder, 20% to Dev Team, 20% for client, 40% to production / drop team.
Nice to have / future functionality to consider: