Ppl are often confused about @ibcfrens and @ibcnfts. Are they the same? Are they different? How?
This actually has a very simple answer. @ibcfrens holders are @ibcnfts part owners but what do they own and are there other perks? Keep reading this #FrensPress
ibcnfts.com is the world's first (AFAIK) DPO, i.e. Decentralized Product Organization. That sounds great but, what does it mean? A DAO has a generic structure meant to only provide a framework and tools for its members to organise and make decisions
I consider a DPO like a specialised DAO, it gives the organisation a very clear focus and purpose, to work towards the development of a product. In this case the product is ibcnfts.com
What exactly is it? Put simply, its a hub for all things #NFT in the #Cosmos
Started as an index of NFT collections, now it also provides access to several tools developed by the team:
β‘οΈ IbcBot: a discord bot for ownership verification and advanced trait management
β‘οΈ Collection Snapshot tool
β‘οΈ Airdrop tool
β‘οΈ $SCRT NFT Suite
β‘οΈ Cross-chain rarity tool
This all sounds great, but what about @ibcfrens?
The Frens are a two part collection released on @StargazeZone. Sometimes referred to Waves I and II or Frens I and Frens II. Each wave has a size of 5000 and both provide the same benefits to holders.
π½ The wave I, was one of the genesis $STARS projects and the characters are aliens
π€ The wave II, was released some time afterwards and the characters are space robots
Although wave I is sometimes considered OG both are treated equally. I actually prefer the robots myself
Last but not least each Frens holder will receive a share of the profits (proportional to number of frens) from @ibcnfts in the form of revdrops, generating passive income for holders
Super important, the creator @lidinpatrik is 200% (not a typo π) present and guiding the ship
If you liked this thread and it helped you better understand both @ibcnfts and @ibcfrens please β€οΈ and π the first tweet
Disclaimer: I own several Frens and I β€οΈ this project. This #FrensPress is just my views and does not constitute financial advice