FAQ
Commonly Asked Questions
What is Bonding Curve?
In a bonding curve, the price of a key increases as the supply increases. The curve is predefined and can take various strategies (linear, exponential, etc.), determining how the price will react to changes in supply. Its dynamic pricing model adjusts automatically based on supply and demand, without the need for a traditional market of buyers and sellers.
How does the platform ensure liquidity and prevent angry hodler syndrome (AHS)
Protocol’s Bonding Curves retain sufficient capital to support liquidity for all traders. Liquidity for anyone that wants to buy. Liquidity for anyone that wants to sell.
Royalties
For Artists
For every key bought and sold within a market the artist will receive their share of the total fee.
Earnings can be claimed in the “Collection” tab.
Earnings are also auto-claimed anytime you buy / sell / mint / burn.
For Key Holders
Allocated pro-rata to all holders relative to the total number of tokens owned at the time of each transaction.
To address the common cold start problem around new markets this incentivizes collectors to be “early” and purchase additional keys if they are interested in earning more trading fees.
Trading fees can be claimed in the “Collection” tab.
Royalty Breakdown
Every transaction incurs a fee on an art market. Smaller the edition size, the bigger the fee will be. We dynamically adjust the fee onchain so it is at the optimal level for any given edition size. This fee is split 3 ways :
1/3rd protocol fees
1/3rd to market creator
1/3rd split with all key holders of that market.
All Key holders on 1155tech share royalties with creators. Revenue sharing logic is onchain and immutable.
About Art Markets
What type of media is supported today?
All art markets support major types of media including images, GIFs and videos. For images .jpg and .png are preferred. All media files are uploaded on arweave and also cached on platform for performance.
Where else can the holders of NFTs access the NFTs?
All NFTs on canto can be traded and accessed on the Blankrasa marketplace.https://blankrasa.com
Bridging to Canto Basics
Have WETH or USDC ready to bridge (you’ll still need some ETH for gas if bridging from mainnet ETH).
~ 20 min is typical bridge time.
The GAS token for CANTO is CANTO.
Use https://slingshot.finance for swapping to CANTO & NOTE and when / if you want to swap back to ETH.
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