NFT Fair PUMP
FUN Mode: NFT Fair PUMP
Last updated
FUN Mode: NFT Fair PUMP
Last updated
NFT Fair PUMP is a unique feature of Funft.fun designed to ensure fair and dynamic NFT distribution, blending the principles of bonding curve pricing with automated liquidity launches. This mode allows users to create NFT/ETH liquidity pools for ERC-404 tokens on the platform. As users buy NFTs, the price gradually increases based on a bonding curve model, ensuring fair access for all participants.
The system ensures that no pre-allocations or early investor advantages exist, promoting market-driven pricing. Once the liquidity pool reaches a specific trading volume, it automatically triggers an Ethereum mainnet launch, establishing a liquidity pool on platforms like Uniswap. This provides immediate, decentralized market access for the NFTs, allowing users to trade them in a fair and transparent environment.
The automatic launch feature guarantees that NFTs have sufficient liquidity for broader trading, eliminating manual intervention and ensuring a seamless transition to the mainnet. The dynamic pricing mechanism ensures that NFT value grows organically, rewarding early buyers but still allowing for ongoing participation as the project scales. This balanced approach makes NFT Fair PUMP a transparent, accessible, and fair way to launch and distribute NFTs, while also ensuring liquidity and price discovery through open markets.
ERC-404 is an experimental, mixed ERC20 / ERC721 implementation with native liquidity and fractionalization for semi-fungible tokens.
PANDORA: 0x9e9fbde7c7a83c43913bddc8779158f1368f0413
As an NFT list on Opensea:
As a token Trading on uniswap:
Create an NFT and Launch. Users can easily create an NFT with the AI creation tool. Set the trait and the rarity.
FairMint the NFT in the Funft.fun Internal platform. The mint price is based on the bonding curve. Funds raised in the mint phase will be saved in the internal pool.
Automatically launch and add liquidity. Once the internal pool reaches 10 ETH, the platform will automatically launch the ERC404 token and add the funds into the pool. Participants who mint the NFT in the previous phase can get the allocation. 50% allocate to FairMint, 50% allocate to LP.
Claim the token (NFT). The allocation is based on the mint amount at the FairMint stage.
Creators earn long term rewards. After the official launch, the NFT creator can earn the 1.5% royalty each transaction.
The core mechanism of NFT Fair PUMP is based on a bonding curve. When a user mints or purchases an NFT within this mode, the price of each subsequent NFT increases progressively based on the bonding curve. This pricing model ensures that early participants gain access at lower prices, while later buyers still have opportunities to purchase as demand increases.
A mathematical curve where the price of an NFT rises as more tokens are purchased. Early buyers benefit from lower prices, but the price gradually increases in a predictable manner, preventing sudden spikes.
is the total supply of the NFT.
Example: When a user creates a new NFT with 1000 total supply, the bonding curve will look like the following chart.
Fair Access: There are no pre-allocations or reserved NFTs for early investors or teams. The bonding curve applies equally to all participants, ensuring that the market, not insider access, dictates the NFT price.
Once a set trading volume threshold is reached in the NFT/ETH liquidity pool, the system triggers an automatic launch on the Ethereum mainnet. This is a unique feature of NFT Fair PUMP, as it ensures that liquidity pools (LPs) are formed without manual intervention, providing immediate liquidity for the NFT on decentralized exchanges like Uniswap.
Liquidity Pool (LP): Once the trading volume in the pool hits a specific target, the funds are automatically deposited into a liquidity pool on Uniswap, allowing anyone to trade the NFTs with ETH on the open market.
Uniswap Integration: By launching NFTs directly into a Uniswap liquidity pool, NFTs immediately become accessible for decentralized trading, providing a fair and open trading environment for all users.
The bonding curve ensures that NFT prices increase as demand grows, creating a natural pricing mechanism. This helps to avoid artificial price manipulation while rewarding early supporters of the project. Each purchase raises the price for the next buyer, creating a dynamic pricing model where market demand directly impacts the value of the NFT.
Price Determination: The price of each NFT increases incrementally based on the number of NFTs sold. This ensures gradual price appreciation, preventing dramatic volatility and ensuring more organic growth.
Market-driven: As the price is directly related to demand, the market itself determines the ultimate value of the NFT, allowing for a more fluid and responsive pricing structure that benefits both creators and buyers.
