We have been working hard in the background to build in the bear market, to set us up to deliver incredible value to our holders. Today marks the first major milestone in these efforts.
A couple of months ago we began looking into acquiring, building, or partnering with an NFT Marketplace. We felt this would be a logical step in moving towards adding utility for our DeFi token, $FANG. After lots of research and talks with exchanges, we stumbled upon Campfire Exchange on AVAX. After partnering with them to bring our Omnichain mints to their platform, we fell in love with their community and with their team’s passion, work ethic, and vision. We felt like we were two ships heading in the same direction.
Potluck Protocol x Campfire
With that being said: we are proud to announce an official partnership with Campfire. If you don’t already know, Campfire is the Social NFT Hub. It’s a place for the community to discover and keep connected to projects, launch their own projects and connect with new friends while buying and selling NFTs. More than a platform, they’re creating an experience for NFT lovers.
With this partnership, we are proud to announce that Campfire is now live on Fantom! This is a big step in bringing together our AVAX and FTM families. As partners, we at Potluck will be receiving .75% of all sales on Fantom while Campfire retains 1.25%. We will be using 100% of our portion of the fees to buy and burn $FANG. We hope that this buying pressure and deflationary mechanism creates tremendous value for $FANG holders over time. As we expand our mints to other networks we will also be partnering with Campfire on them as well.
There are a lot of community-oriented features with Campfire that we believe will provide incredible value to every collector, artist, and project in Fantom. In the coming days, we will be putting out a lot more information to educate our community on everything Campfire has to offer.