The 2nd Solution : A new way to monetize NFTs independent from marketplace and floor price

The Issue : Marketplace Dominance

NFT holders are confined to marketplaces limiting the value of their NFT to floor prices.

Currently, the only practical way to sell NFTs is through the use of marketplaces such as Opensea, Blur, Magic Eden and such who set the floor price and dictate the value of your NFTs.

The Solution : A new way to monetize NFTs independent from marketplace and floor price

Providing a new way to monetize NFTs without relying on marketplaces. Selling NFTs without a fixed price is now possible, enabling owners to earn more than floor price, in best cases, significantly more.

How? The Founders have built a lottery system, where any user with NFTs in decentralize wallets can create NFT Draws, manage setting from draws, manage multiple draws at the same time, claim back NFTs from unsuccessful draws, claim ETH earned with successful draws. The whole lottery system is built using a single smart contract and raffles operate using Chain Links oracle.

The Lottery

Anyone with an NFT in their wallet can launch a draw, set the minimum acceptable price and the ticket price players will pay. If enough tickets are sold and the min price is reached, the NFT is sent to the winner of the draw and the owner can collect the ETH generated from the ticket sale, if you sold more tickets then the minimum price you set, lucky you just made yourself a bag.

A fee is taken from successful draws shared with The Poos, Poopooville's genesis NFT Collection. The fee is essential to reward community members who participate in the growth of the project and for Poopooville's team to keep building without the need for selling tokens.