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  1. Products

NFT Bonding

PreviousSleevesNextSmart Contracts

Last updated 7 months ago

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To help build our significant collection of NFT assets, we launched our PDT token alongside our proprietary, first-of-its-kind (powered by OlympusPro). Through card bonding, community members could sell their Parallel NFTs to ParagonsDAO in exchange for PDT—our governance token.

Version 1

In January and February, 2022, we held two NFT bonding events with a combined budget of 23m $PDT. Through these events, we were able to collect 225 Parallel parasets, which have set us up for success for our play-to-earn strategy and PRIME revenue accrual.

Version 2

Our forthcoming plans for bonding include an ongoing, market-reactive NFT bonding experience. This will allow us to manage card bonding as an ongoing and iterative process based on our evolving needs (and aligned to evolving markets).

NFT bonding solution
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