gm.
Instead of using some polished landing page with flair or crazy marketing video that appeals to the lowest common denominator, we wanted to unveil the concept of Hoard in a long-form (boring) writeup.
Why? Because we’re sick and tired of the state of the market. We need a return to ethos and a return to intellectual design (to the best of our ability). The memecoin meta, while undoubtedly a positive for on-chain DEX metrics, has turned to become wholly extractive, boring, and frankly played out.
Memecoins may be here to stay and the KittyPunch team is excited to continue fostering this segment in an intelligent way on Flow, but it’s time to dream again.
It’s time to do degen shit with our friends again.
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Note: this information is for introductory purposes only. Ideas, concepts, economics, etc will change and always refer to the latest piece of information or official documentation as the source of truth.
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Hoard is the flagship NFT app from KittyPunch on Flow EVM. At it’s core, Hoard is an NFTfi platform designed to build deeper liquidity for the NFT asset class through novel implementation of DeFi concepts.
Hoard’s primary product in development is BAMF—short for “Bonded Automated Market for Floors”—our next-generation NFT liquidity framework, inspired by Curve’s deep-liquidity ethos but reimagined for NFT floor pricing.
At its core, BAMF harnesses a bonding curve mechanism to continuously adjust each NFT’s “floor” price in response to supply and demand, delivering an automated and transparent market for high-volume trading — but there’s a lot more to it, touching on this soon.
We don’t pretend to want to compete with the big boys like Magic Eden or OpenSea, instead we want to move swiftly in their blind spots to create some fun, degenerate, and engaging new primitives that solve real on-chain problems.