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Socials
Explorers
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About the project
Buy NFTs on Bonding Curves
How it works: The NFTs that are available on Communifty.org trade on a bonding curve. That means most of the proceeds from each NFT sale don’t actually go the artist, but rather they go into a liquidity pool held in a smart contract, similar to how an AMM works. A % of each trade, whether it’s a buy or sell, goes to the artist as a royalty payment, which is explained in the details page for each art piece. The benefits of buying art on a bonding curve is that unlike selling NFTs on OpenSea waiting for a bidder, there is bonding curve provides liquidity readily available for you to sell your NFT on Communifty at any time. When you mint a NFT on a bonding curve, Communifty will randomly send to your wallet an NFT from the collection. With bonding curves, the price of the art piece goes up incrementally with each sale, and the price of the art also will go down with each sale. .2% of each transaction goes to Communifty, which is used to buy back $CNFT on the open market.
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$48 080.06
$3 303.69