GM Bulls,
It’s been just two weeks since we started this journey as an NFT collection, and yesterday marked the beginning of the next chapter: The Runners, our Market Launcher.
We have to recognize that the tech isn’t the easiest to get your head around yet, and that’s totally normal when you’re introducing a new way to launch markets.
We’ve made a lot of improvements to the UX over the past 12 hours, and the experience should be 10x better now.
For those who still don’t fully understand how to launch a market, here’s a quick breakdown:
For now, The Runners is Bull-gated, meaning you need a Bull to launch.
Once you have your Bull and connect your wallet, you have two ways to launch, since we made the whole process customizable depending on what you want to build:
1. NFT first, token later
Launch your NFT collection first and create the token afterward.
2. NFT + token together
Launch both at the same time and bootstrap the token directly to the collection.
Then there’s the Reward Pool.
You can enable it if you want the same type of mechanics as Bulls: your holders receive rewards generated from the market.
You choose which tokens the pool buys and what percentage of fees you want to share with your holders.
And there’s another use case I think is particularly interesting:
You don’t even need to own the NFT collection.
You can take an existing NFT collection and launch a token bootstrapped to it, essentially creating a market around that collection and giving its holders a way to earn from the trading activity.
Those NFT holders can come to Bulls Runners, activate their NFT, and start earning rewards.
You can also choose whether you want to enable anti-sniper taxes after bonding.
Everything else works pretty much like any other launcher.
The difference is what you can build around the launch.
We believe The Runners is a new way to create markets, bootstrap NFT economies and support other projects.
We’re still early, still improving, and yesterday was only day one.
Bulls in control🐂