RUJI Collections (Gojira)
RUJI Collections, operating under the Gojira brand & identity, is a sustainable NFT marketplace built on a revolutionary tech stack that enables higher creator earnings & platform revenue, fair & bot-free launches, mint customization, NFT-Fi, and RWA integrations.
Your portal to a colorful world of NFTs, Gojira reinvents NFT technology with its special auction mechanics, a new developer specification, and a unique focus on composability.
Gojira features deep integration with the rest of the Rujira Alliance.
Key Features
Mint NFT collections with RUJI or USDC: Spend RUJI to buy NFTs whose value and growth will directly align with the Rujira ecosystem. Collection creators also have the option to enable minting with USDC.
Efficient auction design: NFTs are minted and traded on Gojira with a unique auction style optimized for blockchain performance, inspired by RUJI Ventures. Creators (or holders) will set their launch (or listing) date, and during the 48-hour auction period that follows, users can place bids to mint an NFT at their desired price and increase those bids as the auction progresses. Once the auction has closed, winners send a claim transaction to mint the NFT (or multiple) to their wallet, and any unsuccessful bids can be withdrawn. There are multiple auction types, including a descending price variant.
Accessible aftermarket sales: Gojira provides extensive support for users to buy and sell tokens (NFTs) after they’re minted, and will generate additional revenue from a healthy trading market. Holders can choose to list their tokens for immediate sale or discover a fair price with a new auction, and buyers can make offers for any tokens (whether they are listed or not), which the holder can accept or reject.
Enabling real-world applications: Gojira NFTs implement the GW721 specification, a superset of the Cosmos-standard CW721 with a greatly improved developer experience and unique features that allow creators to build endless new use-cases on top of our platform in a composable manner. Our first planned launch, Dive Domains (an on-chain nameservice built on Gojira NFTs), will showcase these capabilities.
Ecosystem content hub: Gojira features a native content hub focusing on the wider Rujira ecosystem. It will include a creator hub and Rujira community articles (think Rujira’s own Medium platform).
Benefits
Increases RUJI utility: Spend RUJI to buy NFTs whose value and growth directly align with the Rujira ecosystem. At the same time, Gojira is one of multiple Rujira core products so RUJI-denominated collections should see limited downside risk from reflexivity.
Alignment with creators: Gojira’s unique auction mechanics incentivize users to bid more money on collections. This means Gojira can charge bigger fees on excess profits and creators can make a killing relative to other platforms.
Fair, bot-free launches: By prioritizing bigger bids over speed, the underlying auction model features behavioral incentives that prevent bots from gaming launches. Everyone has an equal opportunity to participate.
Optimized blockchain performance: Bot-free auctions spread activity out over hours rather than seconds. As a result, Gojira does not congest the Rujira network even during periods of high usage and provides a superior user experience.
Greatly improved developer experience: Our new smart contract framework features on-chain NFT attributes and eliminates any need to customize collection contracts for basic features. Gojira NFTs are also inherently upgradeable and composable.
Leverage Rujira DeFi: Gojira is the only NFT marketplace in crypto with core access to an extensive selection of exclusive DeFi applications.
Community building: NFT collections are excellent ways to onboard new users into the Rujira ecosystem and engage in general community building. Gojira’s content platform further unites the broader ecosystem.
Fees & Fee Sharing with THORChain Base Layer
Gojira’s auction mechanism ensures that successful NFT launches raise a certain “baseline level of funding”. Creators can fully customize this target baseline. We refer to any amount raised beyond that minimum threshold as “excess profit”.
A 4% fee is collected from baseline funding raised in a mint auction. A 15% fee will also be collected from any excess profit in a mint auction.
A 2% fee is collected from the total revenue for aftermarket auctions and trades.
The standard 50/50 revenue share with TC Base Layer applies to all fees collected by Gojira.
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