TechFlow News — September 6 — Paradigm released a new article introducing a novel token distribution mechanism called "Gradual Ownership Optimization" (GOO). It states, “When NFT projects have fungible tokens, the communities holding NFTs and tokens often drift apart over time. We’ve created a mechanism to suppress this divergence.”
GOO was designed for the NFT project Art Gobblers and generates an ERC-20 token called Goo. The more Goo a Gobbler owns, the faster it generates additional Goo. However, hoarding Goo without owning any Gobbler NFTs is a very poor strategy, as others will continue generating Goo faster. On the other hand, if you own many Gobblers but hold little Goo, your Goo production will lag behind others. This ensures that Goo remains under long-term control of NFT holders.
Paradigm notes that if you’re planning to issue a fungible token from an NFT project and want to ensure users hold NFTs and tokens in roughly proportional amounts, GOO might be suitable for you.Source link
