Welcome to the inaugural SmartNFT drop! The purpose of Smart NFTs is to explore interesting payment mechanics on the decentralized layer 2 smart contract protocol Stellar Turrets. Who knows what or how it will happen but hopefully you'll have a cool NFT to show for it in the end.
Drop 00 of the Smart NFTs series is code named “Escalated Royalties”. The basic idea is an open offer NFT which gradually sells for more and more but rather than paying only the previous owner the payment "escalates" back to all previous owners at an algorithmic rate.
Now that sounds interesting right! But hang on we've only just begun, there's more wackiness and wonkiness afoot here to uncover.