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NFT Overview
MoneyTree NFTs!
There are 1 million unique and deflationary MoneyTree NFTs which can be burned and upgraded or staked.
Upgrading NFTs burns two MoneyTrees and returns a random new MoneyTree of a higher rarity.
MoneyTree NFTs can be planted to "grow" $MONEY tokens through the staking dApp.
All MoneyTree NFTs are automatically entered in to a weekly lottery where the owners have a chance to win more NFTs.
All MoneyTree NFTs are hosted on IPFS and come with Attack, Health & Magic stats. These will be used in future games which utilize the NFTs.
MoneyTree NFTs can be combined and burned to upgrade to a higher rarity, see NFT Upgrade this makes the NFTs deflationary. The trees can be staked to grow $MONEY tokens in dividends, see NFT Staking.
The number of NFTs per rarity class is as follows:
Rarity | Number of NFTs |
|---|---|
⚪ Common | 550,000 |
🟢 Uncommon | 240,000 |
🔵 Rare | 120,000 |
🟣 Epic | 60,000 |
🟠 Legendary | 30,000 |
The number of possible unique combinations of NFTs is 432 trillion! This is due to the vast number of assets and combinations used in the MoneyTree NFTs. There are a maximum of just 30k legendary NFTs.
MoneyTree NFTs are stored on the InterPlanetary File System (IPFS). Unlike many of our competitors that store NFTs on centralized servers, IPFS is decentralized.
The URL is guaranteed to stay the same thus guaranteeing availability, in essence, Other NFTs that are generated are reliant on large servers being functional to access them. This issue is coupled with the security threat of server owners being able to access and modify the content of your file, should they choose to do so. MoneyTree NFTs will be stored in a P2P network that is resilient and decentralised, further increasing the security of your assets and ensuring that no changes can be made by malicious sources.
You may come across NFT assets that are hosted on platforms such as Amazon S3, Google Cloud, or even Dropbox. None of these solutions are well suited for something that you almost certainly want to prove the authenticity of. Think back to trading cards. Some of the rarest trading cards have an authority come in to verify their authenticity and provide certificates proving that authenticity. For digital items, this isn't possible. At least, not by just looking at the digital asset. Instead, we can leverage content addressability to prove the authenticity of a digital asset.
When the asset is created, it can be added to the IPFS network. In doing so, a content identifier (CID) is generated. That identifier is unique to that asset. If someone had a copy of the assets and made a slight modification, the CID would change and anyone in the world would be able to see that the copy was not the original and thus not as valuable.
Last modified 1yr ago