We’re excited to announce our first major release with the Co:Create Platform.
Web3 projects are combining creativity, technology, and community to create tomorrow’s brands. But right now, they’re small communities primarily composed of super-users, and they lack the tools to thrive beyond them.
For Web3 projects to scale into full-fledged brands, they need to provide onramps to a larger audience — those with differing levels of financial, emotional and time commitments — and we believe native tokens are the key to unlocking these new segments.
Co:Create’s mission is to help Web3 projects scale beyond the drop, and that’s why we’re launching the Co:Create Platform. It allows you to create, manage and monitor your native token using configurable smart contracts and an easy-to-use dashboard. Contracts are owned by you, deployed using only your wallet, and free to use — all you pay is the gas.
The Platform enables token configuration based on your project’s use case:
- Uncapped Token — A token that starts with zero supply. The token can be minted and burned on demand by the project to enable on-chain loyalty rewards and reward redemptions.
- Capped Token — A token that starts with a supply determined by you during creation. This token is fully minted during creation and distributed to stakeholders how you see fit.
Each token can be created with or without transfer restrictions to enable a compliant token launch.
The Co:Create Platform helps you manage custody of tokens with two contract wallets that can be deployed:
- Treasury — A simple contract wallet for your project’s community treasury.
- Vesting Wallet — A contract wallet for a specified beneficiary with token unlocks over a defined period.
The Platform enables distribution of tokens to your community members & stakeholders with the following:
- Token Claim — An airdrop contract for distribution of your token to a large number of community members.
- Token Send — A mechanism for you to send your token to a small number of stakeholders, such as core contributors, with optional vesting settings for recipients
Within your Co:Create project, you also can use the platform to launch contracts designed to manage token utility:
- Revenue Manager: A contract for your project to distribute revenues amongst multiple wallets, with the option of swapping revenues into your token.
- NFT Collector Rewards: A contract for your project to distribute token rewards back to your NFT collectors in an on-going manner.
- Staking: An out-of-the-box staking contract, with optional NFT support, for projects to incentivize ecosystem loyalty.
- Governance: A way for projects to decentralize control over various Co:Create components — and Snapshot compatibility for those earlier in their journey.
Next up for Co:Create — further utility contract expansion, role-based contract permissioning, and expanded developer tooling. Stay tuned for release info.
The Platform is in an experimental phase. Contracts are open for anyone to use and can be deployed across multiple testnets — Ethereum Goerli, Optimism Goerli, Polygon Mumbai, Avalanche Fuji and Celo Alfajores — with plans to expand to more EVM chains over time. Contract audits and mainnet deployments are planned to take place in early Q1 2023.
You can access the app here, and our documentation here. We’d love for you to share any feedback or suggestions in our Discord.
And follow us on Twitter for ongoing updates.