FLAP FLAP

1. Summary

Ranks

Liquidity

-

Developer

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Social

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Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#27743)

Supply

/

Tags

Blast Ecosystem

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Price
All Time High (ATH) Date	22nd Jul 2024 (4 months ago)
All Time Low (ATL) Date	22nd Jul 2024 (4 months ago)

Supply & Trading Volume

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Description

Flap

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Flap

Overview

Flap is a bundle marketplace that addresses liquidity issues in the NFT market by creating more buy orders. Key features include:

• Pyth Network Entropy: Provides random number generation for liquidity transformation.
• Decentralized Model: Liquidity is provided by traders and flippers in an order book system.
• Blast-Native Yields: Rewards participation with higher yields, incentivizing continued engagement.
• Multi-Layer Trading: Brings together Layer 1 and Layer 2 NFT trading, leveraging lower gas costs on Layer 2.

Genesis and Incubation

Flap originated at an ETH Global hackathon where it was recognized as the best cross-chain hack. It is now incubated by Startup Lisboa, a leading startup accelerator in Lisbon.

Key Goals

• Low Liquidity Solution: Increases buy orders in the market to stimulate trading.
• Incentivizing Layer 2 Trading: Encourages bridging of NFTs from Ethereum to Layer 2s by offering higher prices than the floor price on Layer 1.

Founding and Operations

• Founded: Concept first introduced at ETH Global hackathon.
• Currently Incubated: At Startup Lisboa, Lisbon.

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