Career Magazine

Deep Area NFT Launch

Posted on the 02 October 2021 by Dubai City Company @iqdubaicity

Hey everybody,

I needed to announce the discharge of my NFT challenge known as Deep Area.

**Premise:**

Earth has run out of assets important for the survival of humankind. Humanity is on the point of destruction. Perhaps with a bit of little bit of luck, we are able to discover the instruments for all times exterior of Earth. It’s as much as you and your fellow explorers to go deep into the huge unknown. The ultimate frontier. Area. To search out the assets to outlive. You might be our final hope.

**Particulars:**

There are 12 various kinds of planets to gather for assets. You’ll use Proof-Of-Work consensus algorithm to mine them. The method is principally what Bitcoin and Ethereum miners do: discovering a hash primarily based on the final mined token hash and your distinctive tackle. This hash ought to meet a particular standards. The issue and value to mine new tokens will rise over time because the variety of mined tokens will increase, thus guaranteeing a pure shortage. The mining course of shall be run in your browser. The early ones needs to be mined in a number of seconds.

Once you discover a new planet, you possibly can mint it on the Ethereum blockchain as a singular token. The planet kind shall be calculated primarily based on the hash you’ve got discovered and shall be saved on-chain. Every time a brand new token is minted, a portion of its minting price shall be randomly assigned to the holders of a beforehand mined token as shared income. As much as 95% of the mint price shall be distributed as income share to current planet holders. The rarer the planet kind, the upper the income share shall be given for holding a token. You may see completely different planet sorts with their corresponding rarity and income share share beneath:

Information (Planet Sort/ Income Share/ Rarity)

* Diamond/95%/0.2%
* Water/85%/0.3%
* Backyard/75%/0.5%
* Ruby/68%/2%
* Emerald/60%/4%
* Gold/52%/6%
* Silver/46%/8%
* Plasma/40%/11%
* Electrical energy/35%/14%
* Sweet/30%/16%
* Aluminum/24%/18%
* Iron/20%/20%

These are programmed into the good contract and shall be executed mechanically within the minting transaction. You may withdraw your income everytime you need. There are additionally different traits that do not have an effect on the income share. Minting price and basic issue shall be doubled each time the variety of minted tokens doubles. The planets are commonplace ERC721 tokens so that you could view and commerce them on OpenSea.

You might be Earth’s final hope. Good luck explorer!

**Feedback**

I used to be impressed by the POWNFT however added a income share side to it. I spent a number of time on this challenge, and I hope you all get pleasure from it.

Web site -> [https://deepspace-ce530.web.app/](https://deepspace-ce530.net.app/) (for now)

Discord -> [https://discord.gg/5bQFtpPz](https://discord.gg/5bQFtpPz) (simply created it)

Twitter -> [https://twitter.com/DeepSpaceNFT](https://twitter.com/DeepSpaceNFT)



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