And now for something completely different … Sideshow 404!
Send In the Carnies!
Two months ago, a small cabbage-scented figure stealthily emerged from the fringes to promptly seize Shibarium by its tender bits. Brandishing the new DN-404 standard (which combines ERC-721 and ERC-20 tokens, allowing the $SKULLZ NFTs to be traded on ChewySwap), Sideshow 404’s $SKULLZ token creeped up on Shibizens in a stealth launch and wasted no time in establishing its place in Shibarium.
Guided by the colloquialism “adulting is hard,” Sideshow 404 (@BadFleaCircus) strives to be a more adult-oriented place of relaxation and fun in the Shibarium world, while maintaining that fun meme vibe accented with some punk rock/heavy metal attitude. Sideshow 404, or SKULLZ, as they’ve come to be known, strives to acknowledge those who show up every day to face whatever the day has in store for them. They also work to give back to the Shibarium community, doing NFT giveaways from other Shibarium collections, often paid for with royalties made from $SKULLZ secondary sales on NFT marketplaces or out of personal funds.
The DN-404 Re-rollvolution
What is DN-404? Here’s a quick history for those who don’t know. DN-404 is a new hybrid NFT/token standard that came into the Ethereum ecosystem earlier this year after the rise of the ERC-404 standard in January and the high gas fees that followed. DN-404 is an improvement to the original ERC-404 standard, and fixes the surging gas issues that ERC-404 suffered. So, what does the DN-404 standard actually do? Essentially, the DN-404 standard pairs ERC-721 tokens to ERC-20 tokens, making it so the NFTs have actual liquidity and can be bought and sold right off a conventional DEX (decentralized exchange) like ChewySwap.
That’s right! For every 1 whole $SKULLZ token held, an NFT will automatically be minted into your wallet. Circus magic! But wait there’s more! Once you have NFTs you like or that are valuable, they can be listed on Mantra and NestX as NFTs, staked for safekeeping in our Sideshow 404 staking dApp, or sent to another wallet for safekeeping using either marketplace, or the tokens attached to those NFTs go with them. As for the NFTs that you don’t want to keep, this is where the magic REALLY shines.
Those NFTs can be ‘re-rolled’. Thanks to the magic of DN-404, you can now burn the NFTs you don’t want to keep and instantly get a brand new NFT that is potentially much rarer! This is achieved through the mechanics of the contract, which allows for an NFT to be burnt whenever the ERC-20 token attached to it is moved at all—purchases, sales, and token transfers, etc.
This allows you to isolate any NFTs you want to re-roll until you are satisfied with what you get. It can be achieved by simply isolating the NFTs you want to re-roll in a separate wallet and sending them to yourself in the same wallet they are held in, over and over, transferring out ‘keepers’ as you go, until you get the ones you want. All burnt NFTs go into what we call the ‘graveyard’, where they wait for their turn to be re-minted in a wallet, which means if someone sells a rank 10 SKULLZ NFT on the DEX, anyone else can re-mint it just by re-rolling!
The Flex So Far
SKULLZ already has an impressive list of accomplishments for a project that’s just over 2 months old, including;
Current Events and Coming Attractions
What would a show be if it consisted of the same acts? SKULLZ has been hard at work with ChewySwap to roll out more value for holders. Recently, project lead Spartachris announced the OG SKULLZ will be airdropped to eligible holders, which will feature 3 different tiers: silver, gold, and diamond, depending on the numbers of $SKULLZ held at the time of the snapshot. Chris has also stated in recent weeks that there are plans for a $SKULLZ reflection token as well, however, an official plan or timeline has not been announced yet.
Also, in a new announcement divulged just for this article, Chris has let it leak that over the last few weeks, Jim from ChewySwap has been hard at work building a new dApp, which will soon be coming to the SKULLZ ecosystem, called the ‘Radballs Raffle’. This new raffle dApp will allow holders to purchase tickets using their $SKULLZ tokens in return for a chance at winning the jackpot, which will be funded by ticket sales. A modest portion of the tickets sales will also be used to fund the SKULLZ NFT staking. OG SKULLZ holders will get a taste of their first utility enjoying a discounted ticket price for the raffle.
Burn, Baby, Burn!
Last Friday, SKULLZ hosted an exhilarating ‘Burn the LP!’ event—open to all Shibarium enthusiasts who want to join in the celebration. The SKULLZ liquidity pool (LP), which had been initially locked for three months, was nearing its expiration date. To commemorate this milestone, the SKULLZ team organized a lively gathering to bid farewell to the LP in true degen fashion by torching it. As a token of appreciation for the unwavering support from the #SHIBARMY, generous prizes were given away during the event. Stay tuned for more details on future events by following their Telegram channel and X accounts. BYOB (Bring Your Own Booze) for a truly memorable experience!
Sideshow 404 would also like to deeply thank Jim from ChewySwap for all his work and help, Mantra and NestX for listing us on day one, and Poem from ShibWare for going out of his way to make sure their amazing bots had DN-404 support the second we launched. It’s because of legends like these working in the background that SKULLZ had room to run and legs to carry us! LFG!
Sideshow 404 Links:
Telegram: t.me/BadFleaCircus
Staking DApp: https://stake.skullz.vip
