SHILL Issue 37

At the heart of our new Dex concept is Metaplex’s Auction House.
The Metaplex team has been evolving the NFT landscape so fast
that many of these upgrades and features have not been brought to
the forefront until now.
Non-custodial listings are inevitable. Users should never have to
give over custody of their assets. Add the convenience of receiving
offers while your NFT is unlisted and the ability to stay in snapshots
for future benefits, and you quickly understand that this change is
a huge win for NFT users. You’ll be able to enjoy all the benefits of
ownership while still having your assets available for purchase. Its
our belief that every marketplace will copy this by the end of the
year.
NFT communities create a huge feedback loop of value for their
respective NFTs; the more active the community, the more desirable
entry into the community becomes, and the price of the NFT
inevitably goes up with that demand. However, that value is not
captured by communities today as it mostly resides with the creator
and the exchange. With Grape’s NFT Dex, the value stays with
the community that is creating it.
Each community will decide how their marketplace is used. In
Grape’s Dex, all decisions will be made on-chain by the DAO and
subDAOs.
• What royalties are in place and where do they go
• DAO2DAO agreements
• Which NFT projects will be featured on the marketplace. The community
will be able to drive traffic to the specific projects they choose
The Grape DEX is currently open to GRAPE Gorillas only for beta-testing
To start testing, login to verify.grapes.network
Testing offers
Open the preview of one of the NFTs in your collection and share
the link in the “Grape-marketplace” channel on Discord. Anyone
with that link can make an offer directly on that NFT. You will see
the offers appear in your collection dashboard.
Here is an example link:
SHILL Issue #37 19