🖼️ NFT Ecosystem
What is NFT
NFT is the abbreviation of non-fungible token, “heterogeneous token”, which is a concept relative to FT (homogeneous representation) in crypto assets. The common project tokens such as BNB, ETH, and stablecoins BUSD, USDT, etc. are all FTs. FT is suitable for referring to undifferentiated assets, such as currencies, securities, voting rights, etc.
NFT is suitable to refer to those unique assets that may need to be distinguished, such as collectibles, props with obvious number attributes, and differentiated financial rights.
Just as the human world cannot refer to everything with homogeneous notes. With the development of the crypto world, those assets and rights that cannot be uniformly labeled. It needs to be defined by a new asset standard. This is why NFT exists.
NFT in Dinosaur World
The reason why Dinosaur World needs to introduce NFT is not to catch up with the trend or create a gimmick, but because of the vast blueprint, which has a large number of assets and rights with differentiated functions and values. NFT is the best carrier for them.
Income-yielding NFT: Money-hungry Dino
In the dinosaur world, there are 4 major types of NFTs. Currently, only the first type of income-yielding NFT has been announced: Money-hungry Dino.
Money-hungry Dinos are said to be a race of Triceratops. But unlike the gentle and herbivorous Triceratops, they are fierce and powerful, they like gold shiny things by nature, and they like to have gold shiny things around them when they eat and sleep. Over time, their skin color has become orange. They like to collect gold shiny things anywhere.
The total number of Money-hungry Dinos is 20,000, and all of them will be distributed to community users, of which 15,000 will be distributed in the form of egg fragments from the Pterosaur Farm through farming within 60 days. After breaking the dinosaur egg, the user will get a Money-hungry Dino(Randomly to obtain dinosaurs of different levels, the higher the level, the lower the probability of obtaining it). After staking it, he will obtain the Dinosaurswap trade fee according to the weight proportion of NFT’s power level. The dinosaur has excellent value capture ability.
After breaking the shell, the Money-hungry Dino will have 4 attributes:
1. Reference number: Number
2. Image: Dinosaur picture
3. Grade: 1-6
4. Power level: 1000-1000000
The initial state of the Money-hungry Dinos is the egg NFT, and the Money-hungry Dino egg NFT can be exchanged through the eggshell fragment (bep20) token. For the acquisition and exchange of eggshell fragments, please check: How to get Money-hungry Dino eggs
The higher the level of the dinosaur is, the higher the power level used to calculate the dividend is. High-level dinosaurs can be opened directly through dinosaur eggs, or they can be upgraded through integration.
NFT: Meat
Meat is a kind of prop-type NFT. When you use it on the farm, your dinosaur partners will farm harder, thereby increasing the speed of your LP income. There is no upper limit on the total amount of meat NFTs. 100 meat mystery box NFTs will be distributed every day through farming in the form of meat fragments on the Pterosaur farm. You can obtain meat fragments through the farm. The specific method is as follows:
The meat fragments are BEP-20 FT token. 10000 meat fragments can be converted into a meat box. Opening the box can obtain a meat NFT of level 1-6, which is in random level:
After you get the meat NFT, you can boost your LP income in the Pterosaur farm, the specific way is:
If you want to use meat NFT, there are a few points to note:
1. After using the meat NFT on your LP and turning on the boosting, when you withdraw or reduce the liquidity, the meat NFT will become invalid; increase the liquidity and the meat will not become invalid until you reduce or withdraw the liquidity
2. You can use meat NFT multiple times on your mobility in the Pterosaur farm, but its effect is the effect of the last meat NFT you used
3. Harvest will not affect the effect of meat
Other NFT
There are other NFT types in Dinosaur World, their functions and usage scenarios are different, so stay tuned.
NFT market
You can display, sell and buy NFTs sold by others here, and also, you can buy official NFTs here. The specific method is:
The fee for NFT transactions is divided into two parts: transaction fee and royalty, where the transaction fee is 5% of the transaction amount, which is collected by the system and then distributed to vDSG holders. The royalty is 3% of the transaction amount, which is received by the creators of NFTs.
Last updated