<aside> đź’ˇ Tip: Get rewarded with seasonal canvas auctions
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Based on ERC20 token standard, it provides a secure and tested way of transferring fungible tokens in the ecosystem.
Additional functionality that allows a user to sign a transfer transaction off-chain producing a signature that anyone could use and submit to the blockchain.
Community rewards can be distributed off-chain so users can claim them and eliminate the initial gas cost (what is gas?).
EIP-2612: EIP-20 Permit Extension: Signed Approvals
The concept of “operators” was inspired by ERC777 Operators. Token holders can authorise and revoke trusted entities to act on their behalf. Contract deployers may define default operators who can move tokens for all addresses.
Majority of the supply goes to the community and early investors through grants or public sale.
https://notion2charts.com/embed/236dfce4-64ef-45f2-81f2-90e10278280a
By coloring pixels players are placing their $COLAB tokens on a specific position with a specific color. The required amount is based on previous bids placed on the same position. A player can be outbid by a higher amount, which refunds all previously placed $COLAB for a given position.