Attention all degens! 🌐✨

Nibbl is thrilled to announce the launch of its first-ever testnet trading competition 1!

What sets Nibbl apart from other existing NFT perpetuals?

Nibbl’s unique architecture was designed to address challenges faced by existing NFT perps in the market. Firstly, the absence of external liquidity providers in vAMMs can result in unrewarded trades and impact the overall trading experience. Secondly, vAMMs calculate trade prices internally, deviating from traders’ preferences for spot prices based on the underlying asset. Lastly, the reliance on individual smart contract deposits in vAMMs, as opposed to the shared liquidity pool in Nibbl’s AMM, leads to lower liquidity, higher slippage, and potential trading inefficiencies.

Nibbl is the first perpetual DEX for NFTs and on-chain assets with low slippage, high leverage, a robust oracle for precise pricing and a Unified Liquidity AMM where liquidity pool operates independently from the underlying asset that facilitates instant bootstrapping of new collections, efficient liquidity management and a more streamlined trading experience. In addition to this, users can earn yield by providing liquidity to the WETH vault for NFT pairs as well.

Nibbl’s Testnet Trading Competition 1

🎉 Are you ready for Nibbl’s Testnet Trading Competition 1 kicking off on Jan 20th? Climb up the leaderboard and win exciting rewards, including NFTs like Lil Pudgy, Y00ts, and Beanz and earn Nibbl points which will be converted to Nibbl’s token in the future!

📅 Competition Duration: January 20th to February 20th

Nibbl is running a 30-day-long trading competition where all participants stand a chance to win exciting rewards!

🏆 Who is whitelisted to participate?

We wanted to reward early NFT adopters, NFTfi users, perpetual traders and select NFT communities. We have whitelisted wallets associated with these platforms and collections for early access to Nibbl’s platform. Here’s who is eligible:

1. All NFT holders of pairs listed on Nibbl.

• ​​BAYC
• Cryptopunks
• MAYC
• Azuki
• Moonbirds
• Pudgy Penguins
• Milady
• Captainz
• Opepen Edition
• Wassies
• Sproto Gremlins
• DeGods
• Yoots
• Kaiju Kings
• Yoga Petz
• GMX Blueberry

2. All wallets that have interacted with below mentioned DeFi perpetual and NFTfi platforms in the past 3 months.

• GMX
• Gains Network
• Vertex
• Nftperp — (Mafia nut holders)
• Wasabi
• Bend DAO
• Blend
• NFTfi
• Arcade.xyz

3. Advanced Derivative user wallets from Polygon, Arbitrum and Optimism will also be whitelisted.

If you are eligible and fall under any of the above-mentioned categories, visit the registration link, complete the mentioned tasks, claim a Soul Bound Token, and hang tight for the trading competition to go live.

For users not falling into any of the above-mentioned categories, sit tight. We will be giving away whitelist spots through giveaways and collabs within the NFT community! Keep your eyes on our socials for the same

📒 How do whitelisted wallets register for Nibbl’s Testnet Trading Competition 1?

• To register, whitelisted wallet users will have to complete a few tasks given below:
• Visit the registration link
• Check if you qualify for Nibbl’s testnet trading competition 1
• Complete the tasks mentioned in the quest
• Claim your Soul Bound Token
• Say GM in Discord and wait for the trading competition to go live

Whitelisted wallets can register until the last day of Nibbls trading competition 1 (20th of February). Those who register before 20th January will get 50 extra points.

Once all the above steps are completed you can start trading once the trade competition goes live.

To start trading on Nibbl:

• Request Base Sepolia ETH and mock WETH from faucet on Nibbl’s trading page
• Enter the competition with your first trade!

🌟 Points System:

Here is the point system for Nibbl’s testnet trading competition 1.

1. Early-Bird Points:

Be among the first to trade post-competition launch:

• First 50 unique wallet trades after the competition goes live: 10 Points per wallet
• Those who register before 20th January will get 50 extra points.

2. Trade Opening Points:

Open trades daily and earn points:

• Open 1 position daily: 10 points per day for opening one position (long or short)

3. Consistency Bonus:

Maintain a consistent trading routine:

• Daily Trading Streak (Opening at least one trade daily): 10 Points per Day
• Weekly Trading Streak (Opening at least one trade daily for a week): 100 Points
  - Instead of 70 points, users will get 100 points; i.e. 30 extra points.
• Monthly Trading Streak (Opening at least one trade daily for a month): 500 Points
  - Instead of 300 points, users will get 500 points; i.e. 200 extra points.

4. Community Engagement:

Engage with the Nibbl on our socials and earn points:

• Participate in Nibbls Discord campaigns: 5 Points
• Discord campaigns will include tasks like making memes, creating content and other fun tasks.
• More social tasks will be revealed as the campaign progresses.

5. Top Performer rewards:

Stand out and receive bonus points:

• Weekly Top Performers (Based on P&L): 750 points
  - Top 5 (1st — 250, 2nd — 200, 3rd — 150, 4th — 100, 5th — 50)
• Overall Competition Winner: 5200 total Bonus Points
  - Top 10 (1st — 1800, 2nd — 1200, 3rd — 800, 4th — 10th — 200)
• Top percentile of traders
  - Top 10% — 100 points, Top 25% — 50 points, Top 50% — 25 points

6. Leaderboard Standing (PnL):

Secure your spot on the leaderboard and earn bonus points:

• Daily Leader: 20 Points ( GMT + 0 ) ( trades taken and closed on that day)
• Weekly Leader: 250 Points ( Monday GMT + 0 ) (trades taken and closed in that week)
• Nibbl Trading competition leaders: NFTs to the top 3
• Participating NFT badges for the top 100 in Leaderboard

7. Multiplier reward

All users participating in testnet trading competition 1 will get a 2x multiplier on the points they accumulate during the competition. Multipliers will be lowered for trading competitions hosted in the future.

🎁 Rewards:

In addition to all this, the top 3 overall winners of Trade Comp 1 will get NFTs as rewards too.

1st Place: Lil Pudgy https://opensea.io/assets/ethereum/0x524cab2ec69124574082676e6f654a18df49a048/20350

2nd Place: Y00t https://opensea.io/assets/ethereum/0xfd1b0b0dfa524e1fd42e7d51155a663c581bbd50/2730

3rd Place: Beanz https://opensea.io/assets/ethereum/0x306b1ea3ecdf94ab739f1910bbda052ed4a9f949/9530

Gear up for exciting rewards! Minimum points awarded to the top winners will be as follows:

• 🥇 1st Place: 1000 Points
• 🥈 2nd Place: 600 Points
• 🥉 3rd Place: 400 Points
• 4th-10th Places: 200 Points
• 11th-100th Places: 100 Points

Weekly leaders: 750 points divided in the top 5

• 🥇 1st Place: 250 Points
• 🥈 2nd Place: 200 Points
• 🥉 3rd Place: 150 Points
• 🏅4th: 100 Points
• 🏅5th: 50 Points

Daily Leader: 20 points

Your feedback is extremely valuable to us for continuously improving our platform. We encourage users to share feedback and report any bugs they might come across during the trading competition. You can report these bugs by raising a support ticket in our discord.

🚨 Competition Rules:

• The competition runs from January 20th to February 20th.
• Only users with whitelisted wallets will be eligible to participate in the testnet trading competition 1.
• Whitelisted wallets must register before they start trading on Nibbl.
• The trading competition will take place on the Base Sepolia testnet.

Check out our announcement tweet here!

Don’t miss out on this opportunity! Your points accumulate with each trade. Share your wins, have fun and watch your rank soar on the trading competition’s leaderboard. Let the trading games begin! 🚀

🚀 Exciting News! 🚀 was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcome to a beginner’s guide on trading on Nibbl.

In this article, we’ll explore the basics of opening long and short positions, understand the role of leverage, and understand the fees involved in the process.

Meet Bob, our fellow trader. Let’s explore his trading experience on Nibbl.

Opening Long/Short positions

Bob kicks off his trading journey on Nibbl by getting the fundamentals straight. Going long means he’s putting his money on the underlying asset's price to go up. He profits when he closes the position after the expected price increase.

On the flip side, there’s going short, where he’s betting that a particular asset is overvalued. He’s in it to make a profit from the price drop.

Step 1: Connecting Wallet

Bob’s adventure begins with a visit to Nibbl’s trading page. The first step is to connect his wallet.

Step 2: Choosing your asset

On Nibbl, Bob can choose different NFT collections and assets to trade from the drop-down menu.

Step 3: Selecting to long/ short and leverage

Now comes the exciting part — Bob has to decide whether he’s going long or short on his chosen asset. This is where leverage comes into play. Leveraging his position on Nibbl is a breeze. Bob uses the slider to select his leverage after choosing to go long and enter the amount. Then, he clicks ‘open trade,’ and it’s done.

While Bob is opening his position, he must pay periodic payments to keep his position open. These are known as funding fees.

Let’s now see how Bob uses leverage.

In his case, he goes for a long position with 3x leverage.

With 3x leverage, Bob’s initial Maintenance Requirement (MR) stands at 33.3%. Let’s say the floor price of his Milady is 10 ETH. If it drops to 6.67 ETH, he will approach the first liquidation level. A bit nerve-wracking. But Bob’s got a hunch that Milady’s price is about to take off.

And he’s spot on! Milady’s price soars, reaching a staggering 25 ETH. Bob decides it’s time to close his position and count his earnings.

Step 4: Closing your position

To close his position, Bobs simply hits the ‘x’ icon and clicks close trade.

At a floor price of 25 ETH, Bob’s PnL is an impressive 4.07 ETH, excluding the funding payments and the minor transaction fees.

But here’s the kicker — while opening long/short positions is pretty straightforward, leveraging isn’t child’s play. It’s a high-risk, high-reward strategy. It can work wonders if played right, but it can also be a double-edged sword, magnifying losses.

So, Bob’s lesson learned — onchain asset perpetuals are no walk in the park. You’ve got to tread carefully, especially when using Nibbl’s product. But no worries, Bob’s got your back. He’s here to guide you with more educational articles to make your trading journey smoother.

Keep watching this space for more.

Follow us on Twitter and join our discord to be part of the Nibbl community.

The Beginner’s guide to trading on Nibbl was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

Perpetuals have emerged as a transformative force in the world of onchain assets, reshaping how traders navigate the complexities of the market. This article provides a comprehensive exploration of the workings of onchain asset perpetuals, Nibbl’s architecture and how they can serve as a vital tool for portfolio hedging in a dynamic market landscape.

Exploring the Mechanics of Onchain Asset Perpetuals

1. Liquidity: Liquidity is the foundation of onchain asset perpetuals. Liquidity providers deposit assets into a shared pool, establishing the market’s supply. Traders draw from this pool to execute their transactions. Fees for opening and closing a trade, funding fees and borrowing fees all get accrued to this liquidity pool.

2. Trading Pairs: Onchain asset perpetuals involve trading pairs, similar to traditional cryptocurrency futures. Traders pair assets with cryptocurrencies like ETH or stablecoins. On Nibbl’s platform, assets like friend tech keys are exclusively paired with ETH.

3. Leverage: Leverage amplifies trading positions, offering traders the potential for more substantial gains. However, it’s important to recognize that leverage also magnifies losses. It’s akin to a financial multiplier that requires careful handling.

4. Funding Rates: Funding rates function like the interest rates on a loan for trading purposes. When anticipating a price increase (going long), traders effectively borrow from fellow traders who share this outlook, compensating them with a fee. Conversely, traders lend their assets when speculating on a price decrease (going short), earning a fee in return. These rates help maintain contract prices in line with real-world market conditions.

5. Oracle: Oracles serve as a reliable source for pricing data. Projects like NFT Perp used internal oracles for real-time price quotes for NFTs while Tribe3 used a proprietary Oracle construct that utilized the mid-price of bids and asks (of the underlying NFTs) as the base data, with a dynamic TWAP period.

6. Liquidation: When a trader leverages their position, they use collateral to borrow from the protocol for asset trading. If the position turns against them and approaches the initial collateral value, the protocol liquidates its position.

WTF is going long or short?

It is quite simple.

Long Position: When you open a long position, you’re essentially betting that the price of the asset will go up. If it does, you’ll make a profit when you close the position.

Short Position: Conversely, opening a short position means you’re predicting that the price of the asset will fall. The profit comes from the price difference.

Shift from vAMMs

The existing NFT perpetuals protocols in the market have started to move away from using the popular vAMM model. This decision is quite sensible as vAMM brings a fair share of disadvantages:
1. Lack of External Liquidity Providers: In vAMMs, there isn’t an external liquidity provider (LP) that users are trading against. Consequently, there may be instances where traders do not receive rewards for their trades due to the absence of counterparties. This lack of external market participants can impact the overall trading experience.

2. Price Dependency on vAMM: The price at which trades are initiated in vAMMs is derived from the vAMM itself. This dependence on the vAMM’s price calculation may not align with traders’ preferences, as they typically prefer to open positions based on the spot price of the underlying asset.

3. High slippage: Unlike traditional Automated Market Makers (AMMs) that rely on shared liquidity pools, vAMMs depend on individual users depositing collateral into separate smart contracts. This can result in lower liquidity compared to traditional AMMs, leading to higher slippage and potential trading inefficiencies.

To tackle the problem of vAMMs, Nibbl is introducing the Unified Liquidity AMM.

Diving deeper into Nibbl’s architecture

Unified Liquidity AMM

Unified Liquidity AMM is an Automated Market Maker (AMM) type that utilizes a shared liquidity pool for trading activities. This model consolidates liquidity from various liquidity providers into a single WETH vault, providing traders with more efficient and versatile liquidity management compared to traditional AMMs.

nWETH vault follows the ERC-4626 standard API for tokenized yield-bearing vaults. It represents shares of nWETH and acts as the counterparty for all platform trades. When traders profit, the vault pays them, and when they incur losses, those losses go to the vault. In return, the vault earns a portion of trading fees, distributed to nWETH token holders. The vault’s collateralization depends on trader profits; it remains positive as long as fees exceed losses. An epoch system captures snapshots of open trade profits, helping determine the real collateralization ratio and protect the protocol from risks.

Users will be able to deposit WETH into the pool and they will be given a representational token: nWETH
The value of the nWETH will ideally grow in time as the platform accrues fees.

nWETH = 1 + accRewardsPerToken — Math.max(0, accPnlPerTokenUsed)

accRewardsPerToken: accumulator value representing how many fees a single nWETH has accrued. This value always increases over time.

accPnlPerTokenUsed: a snapshotted accumulator value of trader PnL from all closed trades and a snapshot of open trades from the end of the previous epoch. This value changes every epoch and can move in either direction.

Trading pairs

Nibbl operates a unified liquidity pool denominated in WETH, where liquidity providers contribute funds for the trading of various assets on the platform. This liquidity is available for all on-chain assets, including NFTs and Friend tech keys, as they are all priced in ETH.

NFT Pricing

Nibbl has developed a custom oracle which aggregates prices from multiple marketplaces and uses Time Weighted Average Price (TWAP) and Volumed Weighted Average Price (VWAP) to determine the actual price of the NFT collection. The pricing on Nibbl is based directly on the spot price instead of getting affected by the price of the underlying asset positions which is the case for vAMMs.

Support for newer assets

Nibbl uses a common liquidity pool and can direct liquidity from the same to new collections. This allows Nibbl to add support for newer assets instantly as long as a reliable Oracle feed can be deployed for the same.

Liquidation

Liquidation price on Nibbl is also based on spot price unlike the price determined by vAMM in other protocols, which leads to better and more reliable liquidations.

What makes Nibbl stand out?

1. Reliable price feed: Nibbl’s price feed is directly dependent on the spot price.
2. Low slippage and fees: Nibbl’s Unified Liquidity AMM design optimises for low slippage and fees.
3. Reduced Liquidation Risk: Due to real-time price aggregated from NFT marketplaces, Nibbl minimises liquidation risks and enables traders to trade with confidence and accuracy.
4. ETH as Sole Liquidity: Nibbl exclusively uses ETH as the source of liquidity, enabling users to deposit ETH and earn yields on their holdings.
5. Trade New & Upcoming Collections: Nibbl’s unified liquidity pool allows traders to trade both established and emerging NFT collections, Friend tech keys and other onchain assets.

Additionally, Nibbl introduces a user-friendly interface, making it accessible to both seasoned traders and newcomers. The platform operates efficiently on Layer 2 solutions, ensuring fast and cost-effective transactions.

Managing Risk with Onchain Asset Perpetuals

Onchain asset perpetuals can be a useful tool for hedging your portfolio during a bear market.

1. Short Positions: With onchain asset perpetuals, you can easily open short positions, which means you profit when the price of the asset goes down. This is particularly helpful if you have a substantial investment in a specific NFT or collection, and you want to protect its value. By shorting perpetuals related to that asset or collection, you can potentially offset losses if the value of your NFT holdings declines.
2. Diversification: Onchain asset perpetuals offer exposure to various NFT collections and assets without the need to own the actual assets.
3. Risk Management: Onchain asset perpetuals provide risk management tools like leverage and stop-loss orders. Leveraging allows you to control larger positions with less capital, while stop-loss orders automatically sell your positions if the price moves against you beyond a certain point. These features can help protect your portfolio from significant losses.
4. Liquidity: Unlike traditional NFT ownership, which can be illiquid and tie up your capital, onchain asset perpetuals offer liquidity. You can enter and exit positions quickly, allowing you to adapt to changing market conditions and protect your portfolio more effectively.

With its innovative architecture, Unified Liquidity AMM, exclusive use of ETH as liquidity, support for new and emerging collections, and reduced liquidation risk, Nibbl is paving the way for a more accessible, scalable, and secure trading experience. With a robust infrastructure that has been thoroughly tested and audited, Nibbl proves to be among the best onchain asset perpetuals DEXes out there.

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

Mechanics of Nibbl’s onchain asset perpetuals was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

After the slump from the initial bull market run, NFT markets have grown steadily over the past few months. NFTs have risen above the traditional notions of ownership. Yet, amidst their inventive potential, NFTs have grappled with challenges that have hindered their widespread adoption. Enter NFT financialization — an innovative concept that addresses these obstacles and propels NFTs into an era of unprecedented potential and utility. This article dives into the transformative landscape of NFT financialization, exploring its intricacies and its pivotal role in reshaping the NFT market.

Navigating NFT Challenges

NFTs, while transformative, have suffered from liquidity and accessibility issues. Holding an NFT doesn’t always translate to immediate liquidity, making it challenging for holders to unlock value when needed. Moreover, the barriers to entry have left many potential participants sidelined due to the complexities involved in understanding and owning NFTs.

NFT financialization marks the convergence of traditional finance principles with the innovativeness of NFTs. This fusion aims to make NFTs more versatile and accessible by leveraging financial tools that have powered traditional markets for decades. By introducing these tools to the NFT space, financialization bridges the gap between unique digital assets and the financial infrastructure that the world is familiar with.

Empowering NFTs: The Benefits of Financialization

Enhancing Liquidity

NFT financialization tackles the liquidity challenge head-on. By enabling NFT holders to use their tokens as collateral, platforms have emerged that allow holders to borrow against their NFT holdings, unlocking immediate value without the need to part ways with their prized possessions. This liquidity injection brings NFTs closer to the field of actively traded assets.

Lending and borrowing protocols tailored for NFTs have emerged at the forefront of NFT financialization. Just as in traditional finance, these protocols allow NFT holders to lend their assets and earn interest, while borrowers gain access to NFTs without outright ownership. This symbiotic relationship enhances liquidity, generates yields for holders, and provides opportunities for those seeking NFT exposure.

Democratizing Ownership and Investment

Fractionalization protocols break NFTs into smaller fractions (editions, as we call them here at Nibbl ), enabling wider participation in ownership. As a result, high-value NFTs become accessible to a broader audience, sparking a new era of inclusivity in the NFT market.

Financialization paves the way for fractional ownership of NFTs, making it possible for multiple investors to collectively own a single asset. This democratization of ownership not only minimises risk but also enables a broader range of participants to invest in high-value NFTs, breaking down the barriers to entry and fostering a more inclusive NFT ecosystem.

At Nibbl, we were able to do exactly this.

NFT Perpetuals: A New Frontier

Innovating with NFT Perpetuals

NFT perpetuals mark an evolutionary step in the NFT financialization journey. These derivatives allow traders to speculate on the price movements of NFTs without owning the actual assets. Like perpetual contracts in the cryptocurrency domain, NFT perpetuals provide traders with flexibility and enable them to profit from rising and falling markets.

Advantages of NFT Perpetuals

NFT perpetuals offer distinct advantages. They enable participation without the requirement of owning the NFT itself, fostering a more accessible environment for traders. Additionally, NFT perpetuals contribute to price discovery, aiding in establishing accurate market valuations for NFTs. This innovation aligns with the dynamic and ever-evolving nature of the NFT market.

Conclusion: Pioneering the NFT Frontier

As the NFT landscape matures, NFT financialization stands as a beacon of innovation, addressing challenges and opening new avenues for the growth of the NFT market. By merging time-tested financial instruments with the unique digital assets of the NFT space, financialization enriches liquidity, democratizes ownership, and introduces derivatives that redefine trading strategies. This holistic approach brings NFTs closer to mainstream adoption, cementing their place in the broader financial ecosystem. As we venture deeper into this new era, the synergy between NFTs and financialization promises an exciting and transformative journey ahead.

NFTs and Finance: A New Era of Opportunities was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

The perpetual futures market has experienced significant growth recently and has become a mainstay of DeFi. At Nibbl, we strongly believe that a perpetuals DEX for onchain assets offers a solution to the volatility within the dynamic crypto market.

Our product isn’t limited to traditional assets; it’s designed for assets living directly on the blockchain. This opens up a world of possibilities, from NFTs to friend tech keys.

We are happy to announce that we are launching our very own perpetual DEX for onchain assets. We are building features that are bound to streamline trading while giving traders exposure to various asset classes.

Our product will focus initially on NFT perpetuals. But before we talk about our product, let's look at the need for NFT perpetuals, their advantages, and why we are betting on them as the future of NFT finance.

The NFT market, once a niche interest, has exploded into a mainstream sensation. While the first quarter of 2023 witnessed a notable surge in NFT trading volume, it subsequently experienced a gradual decline. Within this ever-changing environment, continuous innovation has emerged within the NFT space, aimed at resolving the challenges encountered by the NFT market.

The Current NFT Market

The NFT market has undergone a remarkable transformation since its inception. From its humble beginnings, it has weathered both bull and bear markets, ultimately establishing itself as a cultural and economic force.

Presently, the NFT market finds itself in a prolonged period of reduced activity, often referred to as the enduring “crypto winter.” During this time, trading volumes have reduced, and NFT sales have experienced a decline.

Despite the discouraging numbers, there’s still hope for the NFT market. It’s staying strong and innovative, thanks to products like lending/borrowing protocols and NFT Perpetuals that are designed to meet its changing needs.

The Need for NFT Perpetuals

As the NFT market matures, the demands of participants evolve. NFT Perpetuals address critical needs, offering:

• Liquidity: NFT Perpetuals create a liquid market, enabling traders to buy and sell NFT exposure without waiting for potential buyers of the actual NFT.
• Risk Management: The NFT market’s volatility can be daunting. NFT Perpetuals offer risk management tools, such as leverage and hedging, to navigate price fluctuations.
• Accessibility: Owning an entire NFT collection can be quite expensive. NFT Perpetuals democratize access, allowing traders to speculate on NFT price movements with smaller investments.
• Betting on Belief: Traders can bet on their beliefs and strategies through NFT Perpetuals. They can open long or short positions easily and efficiently.

How do NFT Perpetuals Work?

NFT Perpetuals operate on principles similar to perpetual contracts in the cryptocurrency market. Key components include:

• Liquidity: Those who provide liquidity deposit their funds into a shared pool, which is then utilized as a source of liquidity for trading activities. The liquidity pool also receives contributions from different fees, like trading and borrowing fees.
• Trading pairs: Similar to cryptocurrency futures, NFT perpetual futures are traded in pairs, typically involving NFTs and stablecoins or other cryptocurrencies. On Nibbl, NFT perpetuals are valued in ETH.
• Leverage: Traders can use leverage to amplify positions, requiring careful risk management.
• Funding Rates: To maintain contract prices close to the spot market, funding rates are periodically exchanged between traders.
• Settlement: Profits and losses are realized upon settlement, based on the NFT’s price movement since contract initiation.

Conclusion

As NFTs solidify their position as a legitimate asset class, NFT Perpetuals offer an important way for traders and investors to navigate this rapidly changing field. While there are both opportunities and risks involved, NFT Perpetuals play a significant role in shaping the ongoing changes in the NFT market.

Although the main focus is going to be trading floor prices of NFTs for some time, we are planning to introduce trading for other on-chain assets like friend tech keys.

As the DeFi market continues to redefine traditional finance, Nibbl stands at the forefront, shaping the future of onchain asset trading.

Stay tuned and keep watching the space for more updates.

Trading competition coming soon.

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

Introducing onchain perpetuals was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are bullish on NFT finance here at Nibbl. With the success of collective NFT ownership and building a successful product around the same, we are now taking on a new challenge in NFT finance. As we shift our focus into a new direction, let’s take a recap of Nibbl’s editionization protocol and see why we are betting on NFT finance as the future.

We were the first protocol to lock NFTs in smart contracts and create editions of the locked NFT. Compared to other digital assets, NFTs are associated with illiquidity. We ensured simpler buyouts and guaranteed liquidity using our unique bonding curve mechanism.

Nibbl’s bonding curve mechanism

A bonding curve establishes a mathematical link between token supply and price. Consider this example: currentPrice = tokenSupply². When purchasing an ION, subsequent buyers pay a slightly increased price for each unit, potentially benefiting early investors. As awareness and demand grow, the value of each ION gradually rises along the bonding curve. This allows early investors to sell their IONs at a higher price, resulting in profits.

Due to this design, original NFT owners could add liquidity directly to the platform without worrying about complications like impermanent loss. With this, ION owners could always find sufficient liquidity to buy IONs to get into the NFT community without high slippage. They were also guaranteed to find liquidity when they wanted to sell their IONs.

What made Nibbl’s buyout mechanism special?

Buyout Countdown — The original NFT curator can designate a specific period during which a buyout cannot be initiated by anyone, thus maintaining the NFT’s editionized status.

Valuation-based Buyout — Eliminating the need for gas fees for voting, the buyout operates on a valuation directly derived from the bonding curve.

Open Buyout Trigger — Anyone can initiate a buyout by adding money at the current buyout valuation of the IONs, as long as the timer is active.

Community Rejection Option — Unlike an all-or-nothing approach, the community possesses the ability to decline a buyout proposal within a 4-day window following the buyout initiation. In the event of rejection, the NFT remains in its editionized state.

Through this, we made sure that collectors got exposure to high-value NFTs.

We also offered tools to have your own token-gated NFT community.

Let’s take a look at Nibbl’s achievements so far:

What happens to the “editionize” feature and the existing edition holders?

Although we are starting to look at a different product, the editionization protocol is not shutting down. Nothing changes, as users can come and editionize their NFT as before. Holders can keep initiating buyouts for their editions as well. To cut it short, everything stays the same for Nibbl’s editionization product as it was.

Coming up:

We are working on an exciting product that we think is bound to change the NFT finance landscape.

Stay tuned and keep watching this space for more updates!

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

Nibbl’s editionization protocol recap was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

On 1st June 2022, Metavault DAO achieved its goal of providing crypto users with a platform with the friendly user interface of centralized exchanges while upholding the fundamental principles of decentralization.

This platform is Metavault.Trade.

To celebrate their one-year anniversary and increase community engagement, Metavault.Trade made NFT-backed editions of Pudgy#4843 with us called MetaPudgys and are also running interesting campaigns with these editions.
Here are the details of this partnership. What Metapudgys are, and the campaigns they plan on running with Metapudgys to celebrate their 1st anniversary.

What are MetaPudgys?

MetaPudgys are ERC-1155 editions of Pudgy #4843. To make these editions, Metavault.Trade took Pudgy #4843 and bridged it to Polygon. Then they locked the Pudgy in a smart contract vault on Nibbl to issue 160 ERC-1155 NFT-backed editions of it. These 160 editions are backed by the original Pudgy and were each worth $50 on editionization (pudgy floor price/160 editions).

Each MetaPudgy is a cute Pudgy with olive green skin, a tank top, a pirate hat, and a mint-colored background. An image of Metavault.Trade’s logo is boldly displayed on the pirate hat, while ‘Metavault’ is written on the tank top.

More details

Metavault.Trade made metapudgies on 15th May 2023, then began the giveaway campaign on 23rd May. Their giveaway campaign continued even until the time of writing this article. The editions are being distributed via different campaigns.
After making MetaPudgys, Metavault.Trade distributed these editions to their partners and community members.

MetaPudgy campaigns

Here are some campaigns that Metavault.Trade planned to run with MetaPudgys. Some of these campaigns have started, while others are still coming.

Metavault NFT Airdrop

Metavault.Trade airdropped 48 MetaPudgys to 48 loyal users with the highest Multiplier points.

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MetaPudgy Quest

Metavault.Trade ran a quest on Zealy and rewarded the top five quest participants.

The Profile Picture Competition

For this competition, Metavault.Trade dared community members to change their Twitter profile picture to a MetaPudgy image for 48 hours.

The Hashtag Competition

After changing their PFP, the community members were also expected to quote tweet a Twitter post writing a one-liner on why they have a MetaPudgy, with the hashtag: #HappyMetavaultAnniversary and #MetaPudgy.

MetaPudgy Meme Contest

Metavault.Trade launched a meme contest to encourage users to create funny memes related to Metavault and Pudgy Penguins. The top four most popular and creative meme submissions were rewarded with MetaPudgys.

Upcoming Campaigns

Some upcoming campaigns include:

MetaPudgy Raffle

During this campaign, Metavault.Trade will launch a MetaPudgy raffle campaign where lucky participants who engage with our protocol can win some MetaPudgys as a reward!

Referral Program

Metavault.Trade will also run a referral campaign where community members earn MetaPudgys for inviting new users to the platform.

MetaPudgy Auctions

They also plan to organize on-chain auctions for some MetaPudgys, allowing their community members to bid using $MVX tokens.

Distributing to Partners

Metavault.Trade will distribute some MetaPudgys to their DeFi partners, who will, in turn, give them away to their active community members. They have already started this with QuickSwap, CoinLab and PolyNFT.

Twitter Spaces

Metavault.Trade’s team will host and join Twitter Spaces, where they’ll answer questions from the community and reward the most insightful questions with some MetaPudgys.

Note

Follow us and Metavault.Trade on Twitter here and here to catch all of these upcoming campaigns.

How to buy MetaPudgy

You can trade your editions on Nibbl or OpenSea. To buy on OpenSea, go here, connect your wallet, and start buying.
To buy MetaPudgy on Nibbl, visit here, connect your wallet, input the amount of MetaPudgys you’d like to buy, then swap.
Thanks to our bonding curve model that guarantees liquidity, you can instantly buy MetaPudgys without waiting to be paired by anyone.

Conclusion

Our partnership with Metavault.Trade has shown that NFT-Backed editions can be used in several campaigns to market one’s brand, increase community engagement, attract community members, celebrate anniversaries, etc. We’re certain Metavault.Trade will achieve all its goals in this partnership.

About Metavault.Trade

Metavault.Trade is a new kind of decentralized exchange designed to provide a large range of trading features and very deep liquidity on many large-cap crypto assets.

To learn more about Metavault. Trade, please visit their Website. You can also join their Discord and Telegram. Check out their Twitter, Medium, and GitHub.

About Nibbl

Nibbl is an NFT editionization platform that lets you make editions of your NFTs. With Nibbl, you can make NFT editions of existing NFTs and create a community of like-minded collectors who also own these NFT editions leading to widespread adoption and ownership of NFTs. Nibbl offers you guaranteed liquidity and a unique buyout game.

Learn more about Nibbl by visiting our Website. You can also join our Discord and Telegram. Follow us on Twitter.

Nibbl partners with Metavault.Trade was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

NFT collections can only succeed with the full backing of community members. Yet some NFT collections are unsure how to encourage and reward community members to perform certain actions. Dori Samurai, a unique anime-inspired collection, solved these problems by partnering with us to editionize and distribute NFT-backed editions of their NFTs — Dori 481 and 315.

Let us look at who Dori Samurai is and the benefits it gained from this campaign.

Who is Dori Samurai

Dori Samurai is an AI-based NFT collection of 888 pieces on the Ethereum Blockchain. The Azuki NFT collection and Japanese art inspired its street-style artwork.

Dori Samurai was founded by an anonymous artist named Dori, who was born and raised in the UK and is passionate about NFTs and Web3. Dori founded the Dori Samurai collection alongside his co-founder Chaz, the Alpha Lead at Taiji Labs, in charge of outreach at Steady Stack, and the head ambassador of AlphaSharksNFT.

Meet Dori 481

Dori 481 is part of the 888 Gen 1 Dori collection. It has the attributes of a normal Dori and depicts a samurai with long brown hair wearing rough, dark overalls.
To encourage and reward holders for staking their NFT in their community, the Dori Samurai team made editions of this NFT by locking it up in a smart contract vault on our platform and creating ERC1155 editions linked to it.

NFT-backed editions are editions of an NFT fully backed by the parent NFT.
As a protocol and NFT collection, NFT-backed editions will let you grow your community, make community members more active, and incentivize users, just as they’re helping Dori Samurai.
Please visit here to learn more about how NFT-backed editions work on Nibbl.

Why did Dori Samurai editionize Dori 481

Immediately after launching their staking platform, Dori Samurai editionized Dori 481.
It made Dori 481 editions to reward holders staking their NFTs. It gave out editions of Dori 481 to 20 random community members who had staked their Dori NFT on their platform.
These editions were a vital marketing tool that helped Dori Samurai announce their staking process and incentivize community members to stake their NFTs.

Meet Dori 315

Dori 315 is also part of the 888 Gen 1 Dori collection. It depicts a samurai wearing a punk hairstyle, rough, black overalls, and a black mask.
The Dori Samurai team made editions of Dori 315 to reward participants of a Twitter PFP competition and encourage community engagement.

Why did Dori Samurai edition Dori 315

To get more eyes on their Gen 2 project, Dori Samurai launched a PFP competition on Twitter, asking participants to change their PFP to Dori 315 NFT, among other tasks.

The Dori Samurai 🏯 on Twitter: "🏯 Time to Stand with Dori 1776 🏯Editions of Dori Gen 1 #315 are Up for Grabs along with 5 Last Minute WL Spots!🔸 Change PFP to the Dori #315 Edition👇 (in next tweet)🔸 QT a Liner on Dori with #SamurAI and #Dori1776 🔸 Tag 2+ Friends, Like & RT this post.⏳48 Hours pic.twitter.com/G5FFjJZmI1 / Twitter"

🏯 Time to Stand with Dori 1776 🏯Editions of Dori Gen 1 #315 are Up for Grabs along with 5 Last Minute WL Spots!🔸 Change PFP to the Dori #315 Edition👇 (in next tweet)🔸 QT a Liner on Dori with #SamurAI and #Dori1776 🔸 Tag 2+ Friends, Like & RT this post.⏳48 Hours pic.twitter.com/G5FFjJZmI1

This led to over 150 persons changing their PFP and performing other tasks listed in the tweet above.
Dori Samurai editionized Dori 315 to reward all participants of this PFP competition. It rewarded 100 random participants with Dori 315 fractions and five lucky participants with five whitelist spots for their Gen 2 collection.
These editions helped Dori Samurai market their Dori 1776 collection so effectively that it sold out within 90 seconds of launch.

How our partnership went

Our partnership with Dori Samurai was a massive success as the Dori team achieved all they set out to. Let’s consider the benefits of the two editionized NFTs differently.

Dori 481

By editionizing Dori Samurai 481, they encouraged more community members to stake their NFTs. Also, they made a large section of the NFT community aware of their novel staking platform. Dori 481 editions also introduced many people to NFT-backed editions, as there was lots of curiosity and enthusiasm.

Note that Dori Samurai #481 NFT has already been bought out. Someone bought it out, bridged it back to Ethereum, and decided to stake it on Dori staking platform. Read more on our buyout mechanism here.

Dori 315

Editionizing Dori 315 with the double intention of rewarding participants in the Twitter PFP competition and spreading the word about their Dori 1776 collection was successful.

The PFP competition involved people changing their PFP to Dori 315 and quoting the tweet below with ‘Excited for Gen2 #1776.’

The Dori Samurai 🏯 on Twitter: "🏯 Time to Stand with Dori 1776 🏯Editions of Dori Gen 1 #315 are Up for Grabs along with 5 Last Minute WL Spots!🔸 Change PFP to the Dori #315 Edition👇 (in next tweet)🔸 QT a Liner on Dori with #SamurAI and #Dori1776 🔸 Tag 2+ Friends, Like & RT this post.⏳48 Hours pic.twitter.com/G5FFjJZmI1 / Twitter"

🏯 Time to Stand with Dori 1776 🏯Editions of Dori Gen 1 #315 are Up for Grabs along with 5 Last Minute WL Spots!🔸 Change PFP to the Dori #315 Edition👇 (in next tweet)🔸 QT a Liner on Dori with #SamurAI and #Dori1776 🔸 Tag 2+ Friends, Like & RT this post.⏳48 Hours pic.twitter.com/G5FFjJZmI1

Thanks partly to Dori 315 editions, the Dori 1776 (Gen 2) sold out in just 90 seconds. Over 150 people who participated in the PFP competition changed their PFP to Dori 315, and 100 of them were rewarded with Dori 315 editions; also, five people were awarded five whitelist spots of the Dori Samurai 1776 collection.

Social impact of the partnership

These partnerships also generated favourable impressions on Twitter. Check the image below for this partnership’s total number of impressions.

Here are the numbers in detail:

• Total likes: 1612
• Retweets: 1024
• Comments: 614

Conclusion

To encourage holders to stake their NFTs and engage on Twitter, Dori Samurai took advantage of the utilities of NFT-backed editions by partnering with us to editionize and distribute Dori 481 and 315 editions. This partnership helped them achieve these objectives by increasing the number of holders who staked their NFTs and shooting up their engagement level on Twitter. The editions also made the community members feel appreciated and incentivized.

Useful Links

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

To learn more about Dori Samurai, follow them on Twitter, and join their Discord.

How NFT-backed editions helped Dori Samurai to boost NFT staking and sell out their Gen 2… was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcome to our monthly report. As usual, we give you monthly updates to keep you in the loop of all our activities.

Here’s your April recap:

Partnerships

Polytrade
We partnered with Polytrade, a lending protocol on Polygon, to make NFT-backed editions of y00t #8528 (PolY00ts). PolY00ts are divided into two categories: general and special editions.
Each general edition of Poly00ts is an image of y00t #8528 wearing a trucker hat, brightly coloured sunshades, and a red jacket with a POLYTRADE sign. These general editions cost $25 each and are 90 in number.
The special Poly00ts editions are only ten in number and cost $75 each. They look similar to the general editions, but they’re putting on a purple jacket instead of a red jacket.

This partnership will maximize Polytrade’s visibility before they launch their Real World Assets Marketplace. They will also run exciting campaigns with PolY00ts.

The Billionaire Zombies Club (BZC)
We partnered with BZC to make 1000 NFT-backed editions of Zaddy (a 1/1 NFT by BZC representing Sandeep Nailwal, Polygon’s founder. This partnership aims to increase the BZC community by a thousand more members.

Events

Nibbl at ETHTokyo 2023

Our founder and CEO, Arnav Vohra, represented us at ETHGlobal Tokyo. While in Tokyo, we not only participated in the event but were also able to network and collaborate with many Web3 OGs.

Nibbl at NFTNYC 2023

We were also present at NFT New York. Our head of growth, Banerjee Hiran, represented us and explored many networking opportunities.

NonFungible Fridays

Here’s a list of the Non-fungible Friday threads we made in April

Azuki
In this thread, we discussed the top 9 reasons you should be bullish on Azuki. Read more here.

Deadfellaz
Here we explained the top 9 reasons why we’re bullish on the Deadfellaz NFT collection. Read it here.

WAGMI Story Series

On April 26th, we began a story series known as the WAGMI Story Series. The purpose of this series is to increase awareness ahead of the launch of our WAGMI pass.
The WAGMI pass is a community pass that offers various benefits like access to exclusive whitelist spots, latest edition raffles, exclusive drops of some editions, etc.
Read the first part of the series here.

Spaces

In the bid to network with top NFT collections, we held strategic Twitter spaces in April; here they are:

QuickSwap
We joined QuickSwap for their “All Roads Lead to Polygon” Twitter Spaces. While there, we talked about Nibbl, editionization, and NFTs in general.

Grandpa Ape Country Club
We chatted with Grandpa Ape Country Club on Twitter Spaces, where we talked about their origin, Mutant ape country club, Grandpa Points, Grandpa Ape Kitten Club, and much more.

Wasabi Protocol
We were guests on Wasabi Protocol’s Twitter Spaces series episode #9. Zharta Finance joined us.

Chibi Labs
We had an interactive Twitter Spaces session with the folks at Chibi Labs. We talked about Gravitale, a gamified virtual world Chibi Labs is building. We also explored their origin, community, utilities, etc.

Budda Bears NFT
We had an interesting chat with Budda Bears NFT about their origin, the BuddaLand 2023 music festival, $BUDS, Budda Bear marketplace, & some other exciting utilities.

Note
Recorded Twitter spaces last only 30 days. If you’d like to listen to any of this space, please message us on Discord, and we will send you the audio file.

Thank You

We understand the incredible power of community in the NFT space, so we are grateful for all your contributions to making these achievements possible. We urge you to keep spreading the news and stories of Nibbl to your friends and family. We will always reward your activeness.

Join our Discord to be a member of our community.

About Nibbl

Nibbl is an NFT editionization platform that lets you make editions of your NFTs. With Nibbl, you can make NFT editions of existing NFTs and create a community of like-minded collectors who also own these NFT editions leading to widespread adoption and ownership of NFTs. Nibbl offers you guaranteed liquidity and a unique buyout game.

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

Nibbl April report: Strategic partnerships, Non-fungible Fridays, Giveaways, and more! was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.

On 3rd August 2021, 10,000 PolygonPunks were minted into existence. These Punks made history as the world’s first Punks on Polygon, the real OG punks of the Polygon Network.

They created an appealing alternative to Crypto Punks because of the latter’s exorbitant price. PolygonPunks collection is cheaper and on Polygon — one of the fastest and most cost-efficient networks.

To continue their goal of making NFTs accessible to everyone, the PolygonPunks team editionized Alien Hoodie with us.

Who is Alien Hoodie Polygon Punk?

Alien Hoodie Polygon Punk is a super-rare 1/1 Punk on Polygon. It’s a 1/1 art that combines the rarest traits of the Punk ecosystem and there’s no Alien Hoodie trait in the Cryptopunk collection either. This makes the Alien Hoodie more valuable and scarcer than NFTs in the Polygonpunks collection. However, it is hard getting different people to own a 1/1 art. To overcome this challenge and give thousands of people the pleasure of owning a super-rare Punk, PolygonPunks decided to make NFT-backed editions of it on Nibbl.

What are NFT-backed Editions?

NFT-backed editions are ERC-1155 editions of an NFT backed by the original NFT.
On Nibbl, you create editions of an existing NFT by locking it up in a smart contract vault, then issuing editions that are backed by the original NFT.
This is a step further than just making editions of NFT because now, the original NFT backs your editions. Also, it allows thousands of people to own and build a community or digital identity around a super-rare, blue-chip NFT. Read more about NFT-backed editions here.

More details

To editionize Alien Hoodie PolygonPunk, PolygonPunk will first lock it in a smart contract vault, then make editions that are backed by the original Alien Hoodie Punk. These editions will represent ownership of the original super-rare Alien Hoodie Punk.

PolygonPunks will make 1000 editions, each costing 5 Matic, and then launch them today, 20th March 2023. 250 editions will be airdropped to different partners immediately after the launch.

After editionizing this Punk, we’ll distribute the editions to 10 users and community members of selected partners of PolygonPunks. We’ve already released some teasers on Twitter and the partners’ communities.

Note
After the giveaway, the Alien Hoodie Polygon Punk editions will be available for anyone to trade on OpenSea, as well as on Nibbl which allows instant liquidity of these editions; and still, be entitled to the same utilities as the previous winners. Also, anyone can buy out the original NFT and make it whole again after 01/02/2028. The buyout date is set to 2028 as the editions have major value in themselves as they are a key to a number of utilities. To learn more about our buyout process, please visit here. Also, visit here to learn more about how to trade editions on Nibbl.

Why PolygonPunks is editionizing Alien Hoodie

PolygonPunks is making it possible for thousands to own editions of the super-rare 1/1 Alien Hoodie PolygonPunk for the following reasons:

Attract new community members

PolygonPunks will use these Alien Hoodie editions to onboard new community members. In this way, they can grow their community without diluting the supply of the NFT collection by making secondary collections.

Reward the entire Polygon ecosystem

PolygonPunks will be giving away these editions as a reward to several NFT collections, communities, and protocols on Polygon. These protocols will, in turn, reward their community members with the editions, thereby ensuring that several hundred users of the polygon network get rewarded.

What are you getting?

All edition holders of this super-rare 1/1 Alien Hoodie PolygonPunk will have the opportunity to own a rare NFT with several hundred people collectively. In addition to this, here are some more reasons why you should own an edition of Alien Hoodie:

Access to exclusive weekly airdrops and prizes
All holders of PolygonPunks editions will have access to exclusive weekly airdrops and prizes.

Access to White list spots
Every holder of these editions will have exclusive access to claim White list spots for different upcoming Polygon NFT Projects.

Social proof
You can show off your PolygonPunks editions on Twitter. So you get the added benefit of proving to your friends and followers that you own interesting NFTs.

Who gets what?

PolygonPunks has already shortlisted partners who will benefit from this editionization. These partners will get the same number of editions, and then they will decide which of their community members to reward.

Here’s a list of PolygonPunk’s partners who will benefit from this campaign:

Metavixens
An exclusive hand-drawn NFT project.
Polydoge
Polydoge is a digital currency built on Polygon that offers its holders a wide variety of fun interactions.
Crypto Crew
Crypto Crew is a group of SuperHero NFTs on a quest to save the universe.
Gokhstein media
Gokhshtein Media provides credible information to investors, thought leaders, and entrepreneurs about the ever-changing blockchain and web3 industries.
Billionaire Zombies Club
A collection of randomly generated Skeleton Kings and Zombies NFT on the Polygon blockchain.
Littlebits
An NFT-based game where players can interact, evolve and build together.
Polywatch
The new generation of NFT collectible watches on Polygon.
Duck Season
2000 Duck NFTs on Polygon.
Smart Finance
A multi-Chain & Cross-Chain Interoperable DEX.
Weary Ape Yacht Club
Weary Ape Yacht Club is a private collection of unique digital NFTs on @0xPolygon.
Siva Coin
A unique Engage-to-Earn ecosystem and Discord-Level-Bot powered by Polygon.
Psydelve
Your spirit guide on Polygon.
PS Labs
AI concept and design studio.
Matic News
Polygon’s media & news entity for emerging projects.
Boomland
Blockchain game development studio powered by Polygon.
Community Finance
Yield farming platform incentivized by real yield and collectibles.
Rekt Gang
Rekt Gang is a DAO on a mission to provide its community with the tools and resources to avoid getting rekt.
Friday Night Punks
A collection of pixelated NFT collectibles spotlighting American Football.
Knights and Peasants
Knights & Peasants is a play-and-earn medieval RPG idle game built on the Harmony blockchain.
High Seas Pirates
A community-driven GameFi platform that utilizes a Forever Appreciating Stable Token (FAST) to reward players for their engagement and enjoyment.
Billionaire Fox
111 Fearless Foxes, each with its Personality, Hobby, Level, and Planet of origin on Polygon.
Fractal Red
A fascinating play-and-earn NFT ecosystem where gamers can play a game they enjoy while simultaneously earning and trading as part of a massive economy.
Quickswap
QuickSwap is a next-generation layer-2 decentralized exchange and Automated Market Maker.
Skurpy
A brand new social media platform for NFTs & Crypto.

About PolygonPunks

PolygonPunks is a collection of unique NFT Punks on the Polygon blockchain. Although unique and different from CryptoPunks, PolygonPunks recognizes and pays homage to the original CryptoPunks.
PolygonPunks is one of the most popular and successful NFT collections in Polygon history. It has gained over $2.5 million in sales and has a community of more than 2.5k holders.
Since launching, PolygonPunks has successfully built a fantastic community of web3 enthusiasts; this partnership is a significant step in furthering their community-building efforts.

Learn more about PolygonPunks by visiting their website, Twitter, Discord, Telegram, Medium, Instagram, or Reddit.

About Nibbl

Nibbl is an NFT editionization platform that lets you make editions of your NFTs. With Nibbl, you can make NFT editions of existing NFTs and create a community of like-minded collectors who also own these NFT editions leading to widespread adoption and ownership of NFTs. Nibbl offers you guaranteed liquidity and a unique buyout game.

Learn more about Nibbl by visiting our website. You can also join our Discord and Telegram. Follow us on Twitter.

Nibbl partners with Polygon punks to editionize Alien Hoodie Polygon Punk was originally published in Nibbl on Medium, where people are continuing the conversation by highlighting and responding to this story.