π₯Trailblazing NFTs with collectable, economic, community and ecosystem value
Last updated
Last updated
Digital collectables can capture value in many ways. Primarily, these are economic, collectable, ecosystem and community related value. Our NFTs are the first that we know of to capture all of these types of value. You can read more about the topic of value in depth here.
In creating a marketable fantasy world, we can release a wealth of products including novels, games, eBooks, audio books and streaming, digital and physical collectables, merchandise, and much more. We work with a leading legal services partner to ensure that our NFT holders can earn income from the sales of these fantasy products while meeting relevant regulatory and legal requirements.
Our NFTs are collectables. Theyβre like trading cards, postage stamps, art pieces, coins, comic books, and other items people collect. The products we create, community experiences, our marketing, and other value streams can increase the collectable value and demand for the NFTs.
Weβre the first NFT project that weβre aware of to close the gap between economic and collectable value. Most projects donβt have a viable economic value proposition, and the few that have one donβt meaningfully link that business to the collectability of their NFTs.
Our NFTs give holders access to a wealth of ecosystem benefits. Weβll continually grow these benefits as the ecosystem grows to ensure expansive value capture.
Our community is incentivised to create value with us in various ways. Their NFTs can capture the value of those efforts, and this combined with other rewards and prizes incentivises them to create further value. The more our community grows and creates value with us, the more valuable our NFTs can become.
Community value is only sustainable when members have an incentive to create value unrelated to the price of the NFT. This is best achieved by bringing value into the system from outside as we are with our products and wider ecosystem. Most NFT and crypto projects fail because they do not focus on bringing value into the system, which can often mean community energy fizzles out.
Our NFTs can create perpetual value more powerfully than any other project weβve seen. Product sales inject economic value from outside the system and this can increase the passive income and other rewards. The products can also make the NFTs more desirable as collectables.
Our community can also create social and sentimental value with us, and this can propel the demand for the NFT, and the more value the NFT captures (economic, collectable, ecosystem, community), the more value the community can be inspired to create.
The more sales we make, the more we can also grow our ecosystem benefits.
This has the potential to create a perpetual-value cycle never seen before in NFT.