Martingale Shares - Paradigm
Summary This paper introduces a new NFT primitive: Martingale shares, or "Mortys." Mortys are synthetics representing fractional ownership of classes of NFTs. They do not require buyouts or oracles, but instead rely on
Martingale Shares 09.14.2021 By Dave White [L] Listen [S] Share Link , Markdown , X , LinkedIn Summary This paper introduces a new NFT primitive: Martingale shares, or "Mortys." Mortys are synthetics representing fractional ownership of classes of NFTs. They do not require buyouts or oracles, but instead rely on a random Martingale settlement process. Mortys are highly speculative, and should be thought of as something between a protocol design and a thought experiment. Motivation Zoom Imagine Alice owns an Ocelot from the Awful Hot Ocelots series. When she bought this Ocelot, it wasn't worth
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