An Ethereum-based token issuance mechanism for selling tokens at demand-adjusted rates.
What is VRGDAs?
Intially designed for the NFT project Art Gobblers, Variable Rate GDAs allows creators to set adjustable price parameters for selling their NFTs over a custom schedule. If the demand for the NFT increases, the NFT price automatically increases and vice versa. Therefore, VRGDAs help you pre-determine the selling price of your NFTs based on the number of units sold rather than leaving it at the mercy of arbitrary market demand.