1 collection item is sacrificed by a vote every day. Last one standing gets the proceeds from the sale.
No, the Island still in development. Coming Fall 2022.
Every day, only once a day all the holders of the collection can vote to sacrifice one item in the collection. After 999 days, the owner of the final NFT can claim their prize: the total amount of the sale of all the items in the collection.
Specific details will be released as they are decided.
TBD
Smart contracts enforce that all the funds from the sale can only move when there is only 1 holder left. Other than that, anything is allowed: creating teams, betraying your team, using flash loans to buy+vote+sell, using MEV to react to votes before they are calculated... anything on chain.
TBD. A running idea is those who have been voted out can break the tie.
No. Creators retain 0 control over the project once its in the wild.
For now... follow @Shegenerates on twitter. More details coming soon.