So it was mentioned that auction may be used to determine the mint price of @Memeland main collection so I tried to read more about auctions from “Intermediate Microeconomics” by H. Varian It seems that Vickrey Auction is a good one to consider as it will yield Pareto efficiency
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@ladyotaku_d @Memeland How would you implement vickrey auction on a 10k collection given that it’s a variation of sealed bid auction? Do you mean to use it as an initial form of price discovery for mint price or as a mint mechanism by itself?
@G8ldPot_NFT @Memeland The implementation could be something similar on how MVP collection bidding was done. Use Vickrey as a model on initial form of price discovery for MP