Meet Scattering

ScatteringLabs
4 min readNov 29, 2023

TL;DR

  1. Introducing the Scattering Protocol: Scattering aims to assist Arbitrum NFT space natives in enhancing liquidity with the following mission: To enable users to trade NFTs instantly, just like trading ERC-20 tokens.
  2. Solution: Each NFT possesses both a common value (floor price) and a unique value. We scatter and tokenize them to construct an Instant Liquidity Market for NFTs. sTokens in ERC-20 represent the Common Value, while Keys represent the Unique Value.
  3. Supported Collections: Main NFT Collections on Arbitrum first then introducing main collections on multi-chain into Arbitrum.
  4. Airdrop Plan: The total supply of $SCR tokens is 1 billion, with 20% allocated for community airdrops: 1% for Arbitrum NFT Maxi and 19% for early adopters.
  5. Mainnet roadmap: We anticipate the mainnet going live as soon as possible, possibly in January 2024. However, we cannot guarantee it with 100% certainty.

Background

Currently, there is considerable room for improvement in the liquidity of NFT trading. Based on our observations, the overall listing ratio of Arbitrum NFTs is approximately 1%.

This means: 99% of the trading demand for Arbitrum NFTs goes unmatched.

This lack of trading activity is not due to a lack of interest from NFT space natives but rather a result of the current state of OpenSea-like trading platforms like Trove and OpenSea, which are unable to further enhance NFT liquidity.

Therefore, from its inception, Scattering has aimed to assist Arbitrum NFT space natives in enhancing liquidity with the following mission:

To enable users to trade NFTs instantly, just like trading ERC-20 tokens.

Solution

Each NFT possesses both a common value (floor price) and unique value. We scatter and tokenize them to build an Instant Liquidity Market for NFTs.

Every NFT owner can choose to deposit their held NFTs through the Scattering protocol into a unique Safebox. In this process, the user essentially transfers ownership of their held NFT to the Scattering protocol.

The user will receive:

  1. 10,000 sTokens, anchoring the floor price value of the NFT. The user can sell these sTokens at any time in the corresponding Uniswap V3 pool, thereby selling the NFT’s common value based on the floor price..
  2. A Key which is essentially an NFT. This Key corresponds to the scarce value of the NFT deposited by the user. The user can choose to keep the Key indefinitely or sell it on the Scattering Key marketplace through placing an order or auction.

Core User Values

Imagine following scenarios:
1. You could sell your individual NFT or a collection of NFTs for, let’s say, 100, instantly while retaining the right to redeem them at your convenience.

2. You could choose to sell the common value of your NFTs at the current floor price to hedge against potential future downside risks.

3. If you are an NFT investor: Scattering provides a more liquid and versatile investment approach. You can earn future appreciation by purchasing any quantity of sTokens.

Collections

As the native protocol on Arbitrum, we will list the main NFT collections to show our support in the first stage. The first-priority collections include Smol Brain, Realm, GMX Blueberry, and Primapes.

Moreover, we will also strive to introduce the primary NFT collections from Ethereum, Solana, and Polygon into the Arbitrum Ecosystem and provide support for them.

Airdrop

The detailed tokenomics of $SCR token will be released at TGE. But we would love to share the following designs before that.

The total supply of $SCR tokens is 1 billion, with 20% allocated for community airdrops.

1% for Arbitrum NFT Maxi.

19% is divided into 4 parts:

  • Season 1: Retroactive airdrop for early adopter users before the Token Launch.
  • Season 2: Airdrop after Token Launch, incentivizing liquidity for Arbitrum NFT sTokens.
  • Season 3: Incentives for $SCR liquidity LPs.
  • Season 4: Incentives for Multichain NFT sToken liquidity.

Details will be released soon.

Roadmap

We anticipate the mainnet going live as soon as possible, possibly in January 2024. However, we cannot guarantee it with 100% certainty.

Our current plan is to release it in January 2024.

Join Waitlist

So many amazing things are ahead, waiting for us. We welcome everyone who shares our vision to join the waitlist to have early access. Early adopters will receive a 2x multiplier for the $SCR points.

We will share more about Scattering in the coming days and weeks. Feel free to join us on Discord and follow us on Twitter to stay updated.

Join Waitlist: https://forms.gle/h1xuEM5dQgw9PdMN8

About Scattering

Each NFT possesses both a common value (floor price) and a unique value. We fragment the common value into sTokens and tokenize the unique value into Keys. This enables everyone to trade the floor price of NFTs by exchanging sTokens in the Uniswap V3 pool and trade the unique value of NFTs by exchanging Keys in the Scattering OpenSea-like market.

Website:https://scattering.io/

Twitter:https://twitter.com/scattering_io

FAQ: https://docs.scattering.io/faq

Discord: https://discord.gg/scattering

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