Nil Karma
- Nil DAO constantly looks to incentivize long-term relationships between collectors and creators.
- Nil Karma is an aid to favor those deep-rooted relations.
- The Karma Score (KS) is an abstraction measuring collectors’ relationship to their drops.
- The Karma Score is a positive score.
- It rewards collectors showing a long-term mindset, without penalizing other participants.
- Nil is about freedom.
- The karma score is a service Nil DAO provides to artists, it is not mandatory.
- The karma score may serve as a replacement for pre-sale private lists, which are always opaque and based on personal connections while the KS stands as transparent equitable leverage.
- The Karma Score design is public and governed by the Nil DAO
- All new users receive 1,000 Nil KS.
- All wallets start with 1,000 points
- Mint a Nil piece > +2pts per piece (capped at 10pts in total)
- Hold a Nil mint for 24h or more > +10pts per piece (capped at 20pts per collection)
- Hold a Nil mint for 7 days or more > +1pt per piece (capped at 10pts per collection)
- Stake a n for one week > +2pts (capped at 10pts per week per wallet)
- Sell a Nil mint less than 4hours after a drop > -40pts (capped at -80pts per collection)
- Sell a Nil mint less than 24hours after a drop > -10pts (capped at -40pts per collection)
- Sell Nil mint under mint price > -20pts (capped at -40pts per collection)
- Note that the Karma score is strictly independent of N.
- The karma score is NOT calculated based on your n holding history.
- Karma score is only influenced by the Nil and secondary market activities of the collector.
Last modified 1yr ago