1stNFT.sol | Kreechures #1

Tranche Staking is LIVE! What is this all about? 👇 (Get a Monster, this is long) In 2021, I launched rev share on Solana. Specifically from royalties on secondary sales of our @mmccsolana nfts. At the time, it was a revolution. No one had ever paid you for holding an NFT. Caught in the excitement of that revolution was people getting paid pretty big $$ each week. I originally envisioned these payments as something that would contribute to building the community. The idea was: "What can a community do with millions of dollars instead the founders?" Well, as hindsight would have it, the answer was: the community can take those millions and go try to flip them on other projects. haha. That was fine and fun and all, but I always wondered if we could have done things different to keep that money in our ecosystem and benefit the believers a bit more. One day a couple years ago, the answer hit me and it was kinda obvious. Tokens do this at TGE all the time! Cliffs, Vesting, etc.. We need a way that when money comes into our community, we can incentivize it to be aligned with the most dedicated holders. The big question was how? Also, how do I build this? I worked through a bunch of math models at the time to see what might fit the goal. With actually a ton of help from @cryptorrivem, we came up with a curved distribution model that highly incentivizes people who commit to the project. It also penalizes people who just try to flip a volume move or something. Enter: Tranche Staking The way this works is that every month, we will open a tranche that people can stake into. This month will be the October 2026 Tranche. Every first monday of the next month, these tranches close. Once you are in a closed tranche, you begin to accumulate rewards from that tranche that you can claim or let accumulate. The longer you stay till the end of the tranche, the more you make. IF YOU LEAVE (unstake) from a tranche, you forfeit all remaining unvested funds and they get split among the other stakers in that tranche. Diamond hands rewarded. As you keep staked through the year, you continue to accumulate more and more tranches in your portfolio that are paying you out and incentivizing you to stay staked. All tranches fully mature and finish paying out in 12 months. I believe this to be one of the best ways to fix a mis-incentive on the revshare model. We are going to build on this foundation moving forward with @mmccsolana. All revenue we begin to generate, all royalties, anything that would benefit a staker, will work out into our system of tranches for stakers. This will begin to align incentives and I believe it will begin to fix a broken system of rev share that plagues almost any project that tries to hand out funds in a way like we used to. I'm excited for the things ahead we have getting built on this foundation. I believe it will better unite our community and make a case for new people to join! We just passed 5 years and we are still going. Join me on the journey if you haven't already. Buy a meerkat, stake it for the October 2026 Tranche, and get in the new system as we move forward! BRRR BRRR

SOL NFT history is disappearing. We're preserving it A record of how the NFT’s began on Solana, from whitepaper in 2017 to the collections, marketplaces & mints of 2021 Every record is sourced & the on-chain ones link to the mint tx Search & explore it, help us add to it👇

Today is the day! 📣 I'm proud to present a partnership project between @AbstraticaNFT & @ar_io_network / @ArweaveEco that was formed to upload the largest art collection (by storage size) on chain in Solana history! Abstratica: 10th collection minted on SOL Read below 🧵👇

Over the past month I partnered with the @ArweaveEco to pull off the largest art-storage project in the history of Solana 💰Thousands of dollars spent ⏳Weeks of nonstop uploads Almost time to reveal what’s inside 👀🚀 $ario