Hopefully, many of you already found the time to test the amazing new features our ever-expanding dashboard provides: making and accepting offers on NFTs; on-chain and non-custodial!
If you didn’t know, you can read about it here or check it out on any NFT preview page, e.g. here. And while you’re at it, give feedback on #grape-marketplace. Any constructive and structured feedback directly shows our devs your appreciation
As a short recap, there are 2 key features that are at the core of our NFT marketplace: Non-Custodial Listings and Community Owned Instances.
- Never give up ownership of your NFT — unlike the marketplaces of today that require you to hand over custody, Grape NFT DEX never takes ownership of your NFT.
- Be in every snapshot — never again will you miss out on an airdrop because it’s listed. Noncustodial sales mean you never have to list your NFT to receive offers on it!
- Keep every DAO role — because your NFT never has to leave your wallet, you always keep the roles in Discord that you have earned for holding that NFT
- Always open to offers — never think about listing ever again. All of your NFTs are always open to receiving offers and you’ll never miss out on a great trade.
- Listings for all — centralized marketplaces become gatekeepers to what can and cannot be listed. On the Grape DEX, every NFT can be listed.
- Exchange fees for community treasury — each community is able to receive revenue directly to their treasury with Grape NFT DEXx.
Right now, while in the testing phase, the DEX functionality can be used for free and I’d like to discuss how we should proceed from here. To be more precise, I’d like to discuss ideas on what the terms and specifications of using the DEX could look like?
The most interesting questions revolve around fees or fee structures.
We could, e.g.,
- introduce marketplace fees,
– for markers/takers as a percentage of the set price, paid in $SOL, or
– for markers/takers as a percentage of the set price, paid in $GRAPE, and
– that depend on the Membership Level.
– create a Grape NFT that is a) needed for trading or b) reduces fees.
- not introduce marketplace fees, but
– make holding a certain amount of $GRAPE a requirement for trading, or
– create a Grape NFT that is required for trading, or
– limit the simultaneous offers unless you hold $GRAPE or a Grape NFT, or
– make a Grape Membership a requirement for either selling and or buying…
There are a lot of options here and I obviously brushed over just a few ideas but you instantly see that every possibility has its pros and cons. Now, I’m curious about what you think we should do.
While asking myself this same question I tried to keep in mind that one of our goals at Grape is to strengthen the Solana community and ecosystem, so every decision we’re making should be in line with that and we should remember not to be too restrictive for people who aren’t (yet) as involved in Grape as we are.
I’m still not sure what my preferred solution looks like.
With that said, happy brainstorming!