Alchemy has been live for only 4 weeks, and in that short amount of time, we have been busy. From implementing NFT creation, creating a platform for Dutch auctions, and successfully distributing our first art auction, we continue to innovate. But what is next?
$ALCH goes L2
AlchemyDAO will be live on Layer2 (Polygon) within the week. The full system will be deployed on L2 including, but not limited to, NFT creation, staking for fees, DAO creation and auction. This allows for cheap transactions and opens NFTs up to even the smallest investors.
ALCH DAO Governance
All $ALCH holders will now have voting rights to create proposals, manage the Treasury, and vote for and against DAO proposals. We are starting with the first proposal (see below) which should help us access many more creators.
Stake $ALCH earn NFTs
Stake your $ALCH Tokens in order to earn shares of NFTs. We will be starting with the ENS domain trading.eth and opening up as we go. By allowing holders to stake for NFT ownership, it allows NFT creators to airdrop NFTs. Not only does this allow for creators to get exposure they deserve, but also helps grow their fan base, awareness, and rewards ALCH holders with the very assets the platform depends on, allowing them governance rights on those NFTs.
Create and Earn
Create DAOs using Alchemy, fulfill certain threshold and requirements, get whitelisted for an exclusive pool , and let your NFTs DAOs holders earn $ALCH.
UI V2
Expect a major update in Alchemy’s UI and UX. We are working with professional designers to make the user flow and overall look and userbility feel a high level experience. Our goal is to implement 2 new front ends; one in the coming weeks, and one a little further out as we stopgap until a high quality, designer experience gets released.
NFT Loans
We are also exploring NFT Collateralized Loans to allow NFT holders to source loans for the NFTs they own with open markets for borrowers and lenders.
Come join the discussion
Alchemy
https://AlchemyDAO.com
https://twitter.com/AlchemyDAO
Discord
https://discord.gg/gFtHRVCDPb
Substack
https://alchemydao.substack.com/