NFT Vesting for Candy Machine minting.
Configure candy machine to allow vesting of the minted NFT on schedule, for example 7 days after mint.
This would prevent minters from flipping right away.
It could be configured either for whitelist or public, but the use case would be for whitelist minters (to prevent insider dumping of NFTs after mint).
It is a similar concept to post-IDO lockup, whitelist minters are considered early investors, and because of their first-in-line position to get a mint, they have to lock their NFT up for a period.
Ideal solution or implementation
When a user mints an item from a candy machine, that token is minted and placed into a vesting token vesting escrow contract. Token is unlocked after configured date or interval, the mint amount is also placed into escrow and released to the candy machine creator when the token is unlocked.
Bonfida's token-vesting program could probably be adapted.
You would need one contact for NFT to minter, and one for mint amount to creator.
Which package is this feature request for?
candy machine cli
Feature
NFT Vesting for Candy Machine minting. Configure candy machine to allow vesting of the minted NFT on schedule, for example 7 days after mint.
This would prevent minters from flipping right away. It could be configured either for whitelist or public, but the use case would be for whitelist minters (to prevent insider dumping of NFTs after mint). It is a similar concept to post-IDO lockup, whitelist minters are considered early investors, and because of their first-in-line position to get a mint, they have to lock their NFT up for a period.
Ideal solution or implementation
When a user mints an item from a candy machine, that token is minted and placed into a vesting token vesting escrow contract. Token is unlocked after configured date or interval, the mint amount is also placed into escrow and released to the candy machine creator when the token is unlocked.
Bonfida's token-vesting program could probably be adapted. You would need one contact for NFT to minter, and one for mint amount to creator.
Alternative solutions or implementations
No response
Other context
No response