Asteroid NFTs
Last updated
Last updated
The 3D Asteroid NFTs are available now as part of our Genesis sale:
The Asteroids are gamified such that they contain valuable Elements (hydrogen, helium, platinum, gold, carbon, etc) that can be used for survival on planets, building, or can be traded in our soon to be released marketplace and futures market.
The Elements can be used to build Object NFTs such as space stations, spaceships, buildings, etc. This should offer significant value as each planet and moon will require elements for survival.
Extracting elements from Asteroid NFTs will involve virtual mining, which is similar to mining in the real world in terms of requiring time and mining costs. The Asteroid will show which elements exist in each asteroid (within in the metadata) and once virtually mined, the elements can be used or sold as ERC-1155 tokens on our marketplace. Buyers of the Genesis NFT will get one mined Element immediately, selected at random. Note asteroids located closer to exoplanets should have greater inherent value due to lower transport costs.
Releasing the Asteroid NFTs required implementing several components of our Layer 3 protocol:
Cross-chain NFT marketplace (backend and frontend)
NFT sales contracts
NFT utility contracts and tokens (for the Elements)
In this manner we are building components of our Layer 3 protocol and using it within our metaverse to drive revenue, which will be used to build the next phases of the Layer 3. This is the looping phased process we described in the Overview.
