Magic Eden has partnered with Raindrop Protocol to implement Boots. They will be adopting a launchpad that enables creators to sell traits as another creator monetization tool.
With Magic Eden now enabling 0% royalties, they have now adopted a launchpad (Boots) that will be another revenue stream for creators as communities want customization in NFTs.
We are excited to announce that we’re working with @only_raindrops to make Boots a reality. We will be adopting a launchpad that enables creators to sell traits as another creator monetization tool.
Learn more below 👇
— Magic Eden 🪄 (@MagicEden) October 16, 2022
What is Boots?
Boots is an NFT upgrade service that allows collectors to further customize their NFTs by trading traits. While allowing creators/artists to enable a new revenue stream.
How does Boots work?
Traits are SFTs. These SFTs can be equipped, unequipped, and like any token, traded. On removal or addition, the NFT’s image is updated both on-chain and in your wallet.
What is the Raindrops Protocol?
The Raindrops Protocol is a series of five a la carte contracts that govern on-chain or proof-on-chain data specifically for games, allowing any player or item to be interchangeable with any game client that can process them.
This article is not financial advice.