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WHAT IS SAIL?
Sail is a fun, trustless NFT trading protocol for groups. Sailors contribute ETH to a Ship, and Captains can buy/sell NFTs. All trades and profits are tracked and distributed transparently on-chain.
Climb the profit leaderboard as a Captain or Sailor — or both!
WHAT IS A SHIP?
A Ship is a smart contract where NFTs and ETH are held which Captains and Sailors interact with. Every Ship has two goals:
1) Crowdfund ETH to buy NFT(s)
2) Sell the NFT(s)
WHAT ARE $SHIP TOKENS?
Each Ship is a DAO governed by the ERC-20 $SHIP tokens. Sailors receive $SHIP tokens after they contribute ETH during the Ship's Building Period.
Sailors holding $SHIP tokens can claim ETH based on the Ship's NFT sales and participate in the Ship's governance!
WHAT CAN CAPTAINS DO?
Captains lead NFT trades in the Ship. Sail's smart contracts enforce permissioned custody - while Captains control the ETH, they can only buy and sell NFTs. They cannot transfer ETH or make any other contract calls.
WHO IS SAIL FOR?
Can't afford a Fidenza but positive you can flip it? Find likeminded peers and make it come true. Sail allows users to profit from high-value NFTs even if you can't afford one yourself.
Sail is also an opportunity for NFT traders to prove their trading prowess and grow with their supporters and community.
Trade with your friends and community to the top of the leaderboard!
WHAT CAN SAILORS DO?
Sailors choose Captains they think will be successful and contribute ETH to their Ships, as well as participate in the Ship's governance.
It's important to choose the right Captains! Sailors with an eye for trading talent will rise to the top of the leaderboard 🤩
WHICH MARKETPLACES ARE SUPPORTED?
We are first launching with OpenSea (Seaport) support, with other marketplaces such as X2Y2, LooksRare, SudoSwap, etc. to follow.
HOW DO I BECOME A CAPTAIN?
For v1 of Sail, the Captain is whoever launches a Ship to fundraise and purchase NFTs.
If you're interested in becoming a Captain, please fill out the form here!