Potluck Labs Joins the Touchpoint Open Builders Program

Announcements Sep 7, 2022

Bringing an Ecosystem of Value to NFT Holders on Shimmer

If like us you’re an evangelist for the multi-chain future of Web3, you’ll join us in welcoming Potluck Labs to the Touchpoint Open Builders Program. Potluck's multi-chain approach, with its focus on making the world of NFTs more accessible to artists, fans, and communities, is combined with the Shimmer network's ability to feelessly transfer and mint assets and NFTs.

Read on to hear directly from Potluck Labs about what it is building and what it will offer NFT artists and fans.

With Potluck Labs, we’ve created a project that centers on NFT art, its artists and communities. We want to bring quality art to the chain; first and foremost our priority at Potluck Labs is to focus on the art. We provide artists with tools to create generative art as well as a space to leverage that art and grow your favorite NFT collections.

Potluck offers a holistic hub for everything NFT: Whether minting, buying, selling, staking, GameFi partnerships, or utility around our in-house token $LABS – Potluck combines everything under one roof.

Placed at the forefront of cross-chain applications and technical innovation, many of our Potluck NFT collections are traversable between multiple DLT chains. We believe in breaking down walls and bringing communities together through a new level of accessibility in crypto.

Shimmer is key to achieving this. The ability to feelessly mint and transfer NFTs on the Shimmer network allows us to be more efficient, cost-effective, and disruptive in the NFT market. However, as mentioned above, we’re taking a multi-chain approach: Potluck also exists on Hedera, Fantom, Avalanche, and Ethereum. Our NFTs champion interoperability, and hence, our contracts are Omnichain compliant. This enables users to traverse their NFTs to and from up to seven EVM-compatible chains. Our mints utilize Chainlink’s VRF Oracles, ensuring tamper-proof randomness.

The driving factor for us is the success of the artists behind each NFT. Ultimately, we’re building a launchpad to provide a platform of exchange for both artists and fans of NFT art. The easier it is to create, share, purchase and promote art, the easier it will be for NFT artists to make a name for themselves and achieve success with their collections. And this leads to the overarching goal of mass adoption of Web3 innovations like NFTs.”

This is one potluck we can't wait to join. Be on the lookout for Potluck Protocol on Shimmer and in the meantime visit its website, join its Discord and follow it on Twitter for updates. Potluck Labs also hosts weekly podcasts on its YouTube channel, discussing what lies ahead for Potluck Labs.

About Touchpoint

Potluck Labs joins the Touchpoint Open Builders Program, offering participants a community of like-minded builders, direct access to funding, experts, knowledge, and general support to launch and scale the next generation of decentralized applications and infrastructure on the Assembly and Shimmer networks. You can learn more about how Touchpoint works and how to become a part of it here.

About Shimmer

Shimmer is an L1 innovation network providing the core building blocks for a scalable, modular multi-chain architecture. Similar to the IOTA network, Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG),  guaranteeing higher scalability than conventional Blockchains. At the same time, Shimmer ensures interoperability and composability of L2 smart contract chains, capable of connecting any type or flavor of L2 smart contract chain anchored to it. With its unique tokenization framework, Shimmer will become a multi-asset ledger for feeless minting and transfer of native assets without middlemen or crippling gas fees.

The native token of the Shimmer network is SMR, which serves as the network’s economic backbone, facilitating value transactions and interactions within the Shimmer ecosystem. Users of Shimmer use the SMR token to launch new DeFi applications, DEXs, NFTs, DAOs, and other dApps.

About Assembly

Assembly is a scalable multi-chain network for sharded, composable smart contracts. It will deliver flexibility, scalability, and interoperability, and is a smart contract network for mainstream innovation and mass adoption. It does so by offering inexpensive, fast, and secure smart contracts, trustless and feeless smart contract interoperability, full customization and composability of dApps, compatibility with Ethereum virtual machine, and other benefits.

In Assembly, anyone can launch their own smart contract chains with the flexibility to customize fee and incentive structures. The chains are overseen by permissionless and decentral dynamic validator committees of nodes that execute and validate smart contracts; these validators are assigned to their chains by a root chain through a marketplace, and the validators are rewarded with the network’s native token, ASMB.

Disclaimer

Every project that participates in Touchpoint is given the opportunity to introduce itself in its own words. Statements made by projects are not verified by Touchpoint, Shimmer, Assembly, or the IOTA Foundation and should not be taken as an endorsement. Individuals are advised to always conduct their own due diligence when engaging with any crypto projects.


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