👑Level Up: Graduating Your Collection to the Tensor Supercluster!
Your SketchXpress NFT collection is thriving! Your art is captivating the cosmos, and the total SOL value locked in your collection's Token-Owned Escrows (TOEs) is growing. This is fantastic, Sketchonaut! But what if your collection is ready for an even bigger stage? What if it’s ready to… LEVEL UP?
Welcome to the concept of Graduation to the Tensor Supercluster! This is a major milestone for a SketchXpress collection, unlocking new horizons for trading and visibility.
Sparky says: "Woohoo! Is your collection becoming a cosmic legend? Graduating to Tensor is like your art getting its own star on the Galactic Walk of Fame! It means more eyes on your awesome creations and new ways for collectors to trade them!"
(Imagine a visual here: A SketchXpress NFT collection (represented by a cluster of stars) with an arrow pointing towards a larger, vibrant galaxy labeled "Tensor Supercluster." Perhaps Sparky is cheering with a graduation cap on.)
What is the Tensor Supercluster?
Tensor is one of the leading NFT marketplaces on the Solana blockchain. It’s a bustling hub where collectors and traders from all corners of the digital universe come to discover, buy, and sell unique NFTs. Graduating your SketchXpress collection to Tensor means it becomes listed and tradable on this major secondary market.
The Graduation Criteria: Reaching for the Stars!
Not every collection blasts off to Tensor immediately. There’s a key milestone to achieve, ensuring that collections migrating have demonstrated significant traction and value:
The Golden Threshold: Total Escrowed Value: Your collection becomes eligible for Tensor migration when the total amount of SOL held across all the individual Token-Owned Escrows (TOEs) of the NFTs within that specific collection reaches a certain threshold.
Example Threshold: As per our current mission parameters, this is often set at 69,000 SOL (or 690 SOL, as mentioned in contract docs - this needs to be consistent, let's assume 690 SOL for now based on contract README, but the GitBook should reflect the precise, current value). This number signifies a healthy, active collection with substantial backing.
Verified Collection Metadata: Your collection’s metadata (name, symbol, etc.) must be in good order and correctly set up according to Metaplex standards.
Sparky’s Technical Tip: "The smart contract keeps an eye on the pool.total_escrowed value for your collection. Once it hits that magic number – KACHING! – the migrate_to_tensor instruction can be called!"
The Migration Process: A Smooth Jump to Hyperspace
Once your collection meets the graduation criteria, the migration process can be initiated (this might be an automated trigger or an action taken by the pool creator, depending on the final implementation – the GitBook should clarify this step based on actual contract functionality).
Here’s what happens during and after the jump:
The Bonding Curve Pool Becomes Inactive: To ensure a smooth transition and prevent confusion, the original SketchXpress bonding curve for your graduated collection is marked as inactive. This means:
No new NFTs can be minted into this collection via the SketchXpress bonding curve.
Existing NFTs from this collection can no longer be sold (burned) back to the SketchXpress bonding curve pool.
Focus Shifts to Tensor: All future primary (if any, though unlikely for a bonding curve) and secondary trading for this collection will now primarily occur on Tensor and other compatible Solana marketplaces.
Royalties Still Apply: Don’t worry, creators! Standard Metaplex creator royalties, which you defined when setting up your collection, will continue to be enforced on all secondary sales on Tensor. You’ll keep earning from your cosmic creations as they trade in the wider galaxy!
(Visual: A simple flowchart: Collection Reaches Threshold -> Migration Initiated -> Bonding Curve Freezes -> Trading Opens on Tensor.)
Benefits of Graduating to the Tensor Supercluster
Why is this a level up? What are the perks of joining the Tensor Supercluster?
Increased Visibility & Audience: Tensor has a massive user base. Listing your collection there exposes your art to a much larger pool of potential collectors and enthusiasts.
Enhanced Liquidity & Price Discovery: While the bonding curve provides initial liquidity, a major marketplace like Tensor offers more complex trading dynamics, order books, and potentially more nuanced price discovery based on broader market sentiment.
Access to Advanced Trading Tools: Collectors on Tensor have access to various tools for analyzing trends, placing bids, and managing their NFT portfolios.
Prestige and Recognition: Graduating a collection is a significant achievement! It signals that your art has resonated with the community and built substantial value.
Sparky says: "Think of it like this: SketchXpress is your amazing launchpad and early flight school. Tensor is like joining the Galactic Pro League! Your art gets to play on the biggest stages!"
Graduating to Tensor is a testament to the success and appeal of your NFT collection. It’s a new chapter in your SketchXpress adventure, opening up exciting possibilities for you as a creator and for your dedicated collectors.
Next Up: Speaking of achievements, let’s talk about the rewards and recognition you can earn on your journey: 🌟 Cosmic Achievements: Milestones & Creator Stardust!
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