Bacon Farmers FAQ
Last updated
Last updated
They will be available on gm.app. This app was a runner-up on the Blast Big Bang Hackathon. It is a mobile progressive app, so be ready to add it to your homescreen on your mobile device.
gm.app will create an embedded wallet for you. You will need to fund it with ETH on L2, which requires a bridge. The official Blast bridge can be found here
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The NFTs will be sold on a bonding curve. Every new buyer will be paying a higher price than that of the previous transaction. Conversely every new seller will be receiving a lower price than the predecessor.
The bonding curve uses a cubic function, so prices can rise or drop very rapidly.
Price = 0.000000000012 eth * supply^3 + 0.001 eth
In other words, the first NFT will cost 0.001 ETH. The 1000th NFT will cost 0.013 ETH. The last NFT on the bonding curve is number 8,888 and it will cost 8.426 ETH.
Bacon Farmers are minted on DN404, which is an implementation of erc404. It is a type of semi-fungible token that is compatible with both NFT marketplaces and with defi platforms.
For every NFT that is minted, 1,000 BACON tokens get sent to your wallet. If you end up with less than 1,000 BACON tokens you lose your NFT, if you regain a balance of 1,000 you regain it.
Launch of Bacon Farmers will take place on 5 April 2024. The collection reveal will take place a couple of weeks later.
Bacon Farmes let you join one of Blast's crispiest, most sizzling NFT communities! Our arteries are in pain just thinking about it...
Plus they open up a gated chatgroup within gm.app where we can discuss alpha related to airdrop farming and bacon cooking recipees. And Bacon Famers may become eligible for Blast Gold, Blast Points and GM Point rewards. Make sure register your deligate an address inside the gm.app (delegate to the one that you registered on https://blast.io/en/airdrop/).
The ETH that used to buy your piggies on gm.app stayed on the bonding curve. You can get your ETH back at any time by selling back into the bonding curve (net of platform fees and royalties). Or you can export your piggies to an external wallet and list them on an NFT marketplace that is compatible with Blast L2.
Rarity traits and rankings can be found on this spreadsheet. Keep in mind that these ranks are experimental.