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Justin Roiland, co-creator of Rick and Morty, is collaborating with two experts from crypto investment company Paradigm to develop a new mechanism for the sale of non-fungible tokens (NFT).
According to Paradigm’s Dave White, the new concept will allow the project to seamlessly sell large quantities of NFTs over an extended period of time at prices that fluctuate based on market demand.
When NFTs sell too quickly relative to the target rate, we want to be able to quickly adjust prices,” the white paper says.
The higher the level of sales compared to the target level, the faster we would like to raise prices.
We also want to gradually reduce prices when we manage to reach the target level, but no more than necessary.
The implementation of CRISP in Solidity can be found on GitHub.
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