Whitelist Intergaze on VIP

0. Proposer Info


1. TL;DR

This proposal requests the whitelisting of Intergaze to Initia’s VIP (Vested Interest Program).


2. Background

2-1 About the Project


3. Rationale & Impact

  • Motivation and benefit to the Interwoven Economy :Intergaze will become the cultural and creative hub of the Interwoven Economy—a permissionless NFT Launchpad where initiates can easily launch and trade collections. Powered by Stargaze, the leading IBC-native launchpad and marketplace, Intergaze brings trusted infrastructure, a thriving creator base, and advanced tools like Intergaze Studio for fast project deployment, and staged minting with whitelist support.Whitelisting to VIP will allow us to incentivize key user actions like trading and minting, while attracting more creators to launch within Initia. This directly supports Initia’s vision of a sovereign, interconnected economy by fueling cultural growth, increasing user engagement, and expanding the network’s creative frontier.
  • VIP Scoring Criteria (Details)

For Intergaze, we have 3 main ways to earn VIP:

  • Minting NFTs
  • Trading NFTs
  • Creating NFTs

Minting an NFT:

Each INIT [x] spent on minting earns VIP points [y].

  • y=x

Featured Mints [F] recive 20% extra points.

  • y=1.2F

Buying an NFT on Marketplace:

For every INIT [x] spent on purchasing a listed NFT, x/6 VIP points [y] are granted.

  • y=(x/6)

Via collection or token offer recives 10% extra points.

  • y=1.1(x/6)

Featured NFT buys are given 20% more points

  • y=1.2(x/6)

Featured NFT buys via offers are given 40% more points

  • y=1.4(x/6)

Offers must be within 10% of the floor price to qualify

Selling NFTs:

Each INIT [x] recived selling an NFT, ‘x/12’ VIP points [y] are given.

  • y=x/12

Create a collection [c]:
100 points

  • y=100( c )

Collection minting progress:
Collection 50% minted (not aidropped)

  • 50 Points

If collection is 100% minted and revenue is over 1000 INIT:

  • 100 points

Inviting new creators that are approved to be featured:

  • 50 points

Genesis project mints:
Each mint [m] of Anyo, Racoon, or Tuzi will receive 50 VIP points reguardless of the price. Intergaze may use this incentive for other featured projects.

  • y=50m

Testnet rewards:
Jolly Jennies golden frames [JJ] 100 points each.

  • y=100(JJ)

Additionally, Intergaze features boosters.

Featured Collection Participant (Mint or Buy): +20% boost
See above

Holders of top 5 collections in volume: (cumulative between projects, minimum volume to qualify)

– 1st – 15%
– 2nd – 12%
– 3rd – 10%
– 4th – 8%
– 5th – 5%

The group will expand to top 10 in subsequent epochs when there are more collections trading.

Epoch Pass: +50% boost
-Open Edition Minted each Epoch
-Limit 1 per address
-No VIP points for minting

4. Proposal Details

Field Value Description
Operator Address init19fp5yt25cdkdjnzp4dc3gqp6dmsjdslwatg0v8 The address eligible to claim a portion of the VIP rewards allocated to the rollup team as commission. This address does not need to be a system key (like admin or bridge executor).
Bridge ID 31 An identifier automatically generated during the setup of the bridge between the Rollup and Initia.
Bridge Address Mainnet TBD The L1 address where tokens are locked when bridging from L1 to L2. This address is auto-generated during bridge setup.
Scoring Contract Address init1wkwy0xh89ksdgj9hr347dyd2dw7zesmtrue6kfzyml4vdtz6e5ws0nqqc8 The contract deployed on the rollup that assigns VIP scores to users. These scores are snapshotted on L1 and used to build a Merkle tree for VIP reward distribution.
Operator Commission Max Rate 0.25 The maximum commission rate the rollup can configure.
Operator Commission Max Change 0.25 The maximum allowed change in the commission rate per update. For example, if OCR is 0.3 and OCMC is 0.2, OCR can only be adjusted between 0.1 and 0.5.
Operator Commission Rate 0.25 The actual commission rate. If 100 INIT is distributed and OCR is 0.2, the rollup team receives 20 INIT.
VM WASM The VM type of the rollup is using.

Governance Votes

  • YES – You support whitelisting this rollup on VIP with the parameters provided.
  • NO – You do not support adding this rollup on VIP.
  • NO WITH VETO – You believe this proposal is harmful, spam, or violates governance principles.
  • ABSTAIN – You choose not to vote for or against but wish your vote to count toward quorum.
5 Likes

The Intergaze team would like to submit an update on VIP Scoring, after feedback from the community:

  • Give Featured Free Mints Points (5 VIP points each free mint)
  • Give Featured Mints Points (outside of Genesis) (25 VIP points each mint)
  • Reduce operator commission rate to 20%, in line with other rollups

Genesis mints provided high VIP scores, which will be difficult to match at 50% if the scoring isn’t changed. This change is necessary for users to be able to meet the minimum requirements to unlock their esINIT to INIT on the next epochs.

2 Likes

Thank you for the update!

The VIP Committee has reviewed and approved this amendment.