😎 Zuck just showed us The Metaverse (and OH MY GOD)

You're in for a treat!

We've got a brand new interview with Bored Ape Yacht Club founders.

Meet the BAYC founders:

Greg Solano aka 'Gargamel'
Wylie Aronow aka ‘Gordon Goner’

You should watch it if you want to know:

Why they’re worth $4 Billion?
What's the secret to BAYC floor price?

And maybe you'd like to join BAYC?

No problem. You can get the cheapest Ape here for only 71.71 ETH (~$123,331).

But actually.. forget the Bored Apes.

Join us. The Bored Founders.

BFC is a BAYC, but for tech people, creators and innovators.

(with..khem.. real value)

📈 Check the BFC floor price here

PS you don't have to be "loaded" to join (at least for now).

Do you know who came up with the term "web3"?

Well.. it was Gavin Wood. One of the Ethereum co-founders.

Now you can ask people about this on web3 meetups.
Most of them don't know it.
You'd look smart.
People will like you.
You're welcome.

Who is Gavin Wood?

Ex-Microsoft
Co-founder of Ethereum
Coded the first functional Ethereum client in January 2014
Former CTO of the Ethereum Foundation
Co-founder of Polkadot
Founder of Parity Technologies (formerly Ethcore)
Co-creator of Solidity (programming language for smart contracts)
Estimated net worth of $450 million.

Quite impressive guy. Don't you think?

I emailed him asking if he'd join me in Bored Founders Show (our new podcast).

Now I'm waiting for the response (fingers crossed).

Few links:

"Martin Shkreli claims porn virus cost him $450K in crypto tokens
A suspicious dump of Shkreli's newly created crypto token may have been the result of malware disguised as porn."
"Do you know a simple signature in Metamask can drain your wallet? A very experienced user (top 10 by Degen Score) lost almost 500k USDC in an exploit today. You could be next... A short thread how it happened and how you can avoid such exploits in future."
"Korean police seize crypto for unpaid traffic fines in trial. Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations."
"Biden is hiring 87,000 new IRS agents. And they're coming for you."
"Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis. Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up to the NFT sector's first massive liquidation event."
"MTV introduces the 'Best Metaverse Performance' award category
Six metaverse musical acts are up for nomination, including Ariana Grande, Justin Bieber and the K-Pop group BTS."

Author: Artur "fullstak" Chmaro

Whitelist allows collection creators to decide which wallet addresses can participate in the mint.

For example, when you run a great exclusive community (like BFC) you want to be sure that only the right people will get your token. Almost every NFT drop is exclusive to a specific set of public addresses.

Otherwise, strangers or trading bots would be able to get your precious NFTs and run away with them to the secondary market.

That's why whitelisting is super important. Most collection creators do not want such situations to happen.

Collecting public wallet addresses usually happens off-chain (without touching any blockchain stuff). All you have to do is to contact your people, collect their wallet addresses and prepare the list.

You may use Google Forms or any other tooling for it. That's a pretty straightforward procedure, so I won’t cover it in this article.

Way more problematic part is the smart contract code. The contract needs to validate if the caller is approved to participate in the mint. Secondly, the contract cannot allow callers to mint more tokens than expected.

Having all the above in mind let's dive into three common techniques of whitelisting and examine their pros and cons.

Three common techniques:

Storing whitelist in contract memory
Merkle tree whitelist
Lazy minting with vouchers

👉 CONTINUE READING (with code examples)