Voucher System
Gas wars, failed transactions, and Sybil attacks have all occurred during NFTs launches. While whitelist solutions have recently been implemented in many upcoming projects as a way to address these problems, they are causing community burnout.
In our efforts to tackle these issues, we have implemented the Voucher System in our upcoming drop; Unfoldrian by Adam Swaab. This solution was brought up to and implemented by the geniuses Tony Snark and Archethect.
How will the Vouchers work?
To ensure a fair launch, you will be assigned a voucher based on a first-come, first-served basis at the time you mint.
Each drop will have a voucher pool, based on ‌collection size and public minting spots. For instance, in the Unfoldrian drop there will be 42 spots for public access; that means 42 vouchers in the pool.
This voucher will give you:
- The option of minting the collection.
- A 5-minute window to complete your transaction.
- During that period, a guaranteed spot of the mint.
But remember, if you fail to mint or get your transaction done during this period, the voucher will go back to the pool. A counter ticking down will be shown by the system in order to let you know the time left to complete the transaction.
If you didn’t manage to get a voucher on the first try, the system will tell you all vouchers that are pending to mint so you can retry after the 5 minute window closes and vouchers return to the pool.
Conclusion
This, we believe, is a step toward more fair and equal launches, in which you will not pay more for gas than the actual mint.