Hey everyone,
I wanted to announce the release of my NFT project called Deep Space.
Premise:
Earth has run out of resources essential for the survival of humankind. Humanity is on the brink of destruction. Maybe with a little bit of luck, we can find the tools for life outside of Earth. It is up to you and your fellow explorers to go deep into the vast unknown. The final frontier. Space. To find the resources to survive. You are our last hope.
Details:
There are 12 different types of planets to collect for resources. You will use Proof-Of-Work consensus algorithm to mine them. The process is basically what Bitcoin and Ethereum miners do: finding a hash based on the last mined token hash and your unique address. This hash should meet a specific criteria. The difficulty and cost to mine new tokens will rise over time as the number of mined tokens increases, thus ensuring a natural scarcity. The mining process will be run on your browser. The early ones should be mined in a few seconds.
When you find a new planet, you can mint it on the Ethereum blockchain as a unique token. The planet type will be calculated based on the hash you've found and will be stored on-chain. Each time a new token is minted, a portion of its minting cost will be randomly assigned to the holders of a previously mined token as shared revenue. Up to 95% of the mint cost will be distributed as revenue share to existing planet holders. The rarer the planet type, the higher the revenue share will be given for holding a token. You can see different planet types with their corresponding rarity and revenue share percentage below:
Info (Planet Type/ Revenue Share/ Rarity)
- Diamond/95%/0.2%
- Water/85%/0.3%
- Garden/75%/0.5%
- Ruby/68%/2%
- Emerald/60%/4%
- Gold/52%/6%
- Silver/46%/8%
- Plasma/40%/11%
- Electricity/35%/14%
- Candy/30%/16%
- Aluminum/24%/18%
- Iron/20%/20%
These are programmed into the smart contract and will be executed automatically in the minting transaction. You can withdraw your revenue whenever you want. There are also other traits that don't affect the revenue share. Minting cost and general difficulty will be doubled whenever the number of minted tokens doubles. The planets are standard ERC721 tokens so that you can view and trade them on OpenSea.
You are Earth's last hope. Good luck explorer!
Comments
I was inspired by the POWNFT but added a revenue share aspect to it. I spent a lot of time on this project, and I hope you all enjoy it.
Website -> https://deepspace-ce530.web.app/ (for now)
Discord -> https://discord.gg/5bQFtpPz (just created it)
Twitter -> https://twitter.com/DeepSpaceNFT