$PACK Protocol
Welcome to $PACK Protocol's documentation portal.
Last updated
Welcome to $PACK Protocol's documentation portal.
Last updated
$PACK Protocol is an open market for packs filled with exclusive rewards.
Packs can contain arbitrary crypto assets as rewards - exclusive NFTs to ERC 20 tokens. A pack can be opened in exchange for one of its underlying rewards. The chances of receiving a particular reward depends on how rare the reward is.
Both packs and rewards can be airdropped to an audience, or sold on the market. A fixed percentage of pack and reward sales / resales is distributed to the pack's creator as royalties, and the protocol as fees.
$PACK Protocol is in its beta phase. The smart contracts powering the protocol can be paused by the protocol admins upon discovering threats to the protocol or its participants.
This documentation aims to provide a detailed explanation of $PACK Protocol. To further discuss the protocol, provide feedback or ask questions, come hang out with us in the NFT Labs discord.