Turn in-game virtual earnings into real-world income
Star Atlas, a massively multiplayer universe built on Solana has announced that ReBirth: Genesis of a Metaverse will go live on the 24th of April 2021. The event is a way for users (or Atlassian’s) to participate in the Star Atlas pre-launch with 14 NFT multimedia meta-posters up for grabs.
This first-of-its-kind poster sale combines ultra-high-definition digital art, augmented reality, and custom audio soundscapes into works of tradable art. Once purchased, posters will be minted into resalable NFTs available throughout the Star Atlas metaverse. Furthermore, new editions will be released each Saturday starting on April 24th for 14 consecutive weeks.
During the 14-week sale, new users can purchase meta-posters via the Star Atlas and OpenSea marketplaces. Each week’s drop adds a new NFT to the collection. The pattern will continue until the final weeks during which the two Tier 5 posters will be available for sale. But, as with most things blockchain, there’s a catch. If you want to pick up the 14th poster and complete the full series, you’ll have to prove you’ve acquired all the other 13 posters.
“Part of the allure of Star Atlas is that it’s an ongoing tour into the infinite unknown. We’re creating a world so fully compelling and curious that Atlassians want to dig deeper into the metaverse,” said Michael Wagner, co-founder, and CEO of Star Atlas.
Most interestingly, Star Atlas will deliver all in-game assets to players as non-fungible tokens (NFTs) meaning that gamers will have complete control over their purchased assets.
Players will have the chance to own, lease and sell posters as NFTs purchased from each drop. The more posters a player collects, the more opportunities will open up. The incremental drop process repeats each Saturday until July 24th when all open-edition posters will be converted into NFTs available as in-game rewards. That process works like this:
- Collecting posters unlocks a treasure chest of rewards and perks
- Rewards are grouped into 5 tiers corresponding to the increasing value of the rewards
- To be eligible for rewards of a certain tier the player must own all the posters up to the top of that tier
- Rewards will be dropped into eligible poster owners’ wallets after the final ReBirth sale
- Owners of tiered collections remain eligible for NFT rewards and drops
Furthermore, those who purchase a variety or all of the posters will gain the opportunity to unlock a lifetime treasure chest of exclusive metaverse incentives at a later date.
Star Atlas, has been developed by the same team who built Multichain Ventures, which claims to be a AAA title game and blockchain-driven virtual metaverse gaming development company.
The Multichain Ventures team has been involved in blockchain since 2013 and possesses four years of expertise building decentralized applications. This experience, coupled with eight years of delivering AAA titles with Electronic Arts, Mythic Entertainment, 3G Studios, and 1047 Games.
The Star Atlas development team wants to encourage the monetization of time spent in this virtual world and emphasize the ability for this to transcend the metaverse to the real world. Digital assets owned always belong to the holder, and crypto assets earned can be converted into fiat currencies. A model many believe to be the future of gaming.
Solana’s processing capabilities of 50,000+ transactions per second at sub-second finality and average transaction costs of only $0.00001 made them an obvious choice for Star Atlas as the mechanics of the game will hinge on high volume, low-cost transactions. Solana infrastructure is perfectly set up to deliver this and moreover enables a future in which all game logic can be computed on a suite of on-chain smart applications. Moreover, Solana has grown substantially over the course of 2020, with projects such as Serum, Chainlink, Terra, Audius, USDC, and USDT all joining the Solana ecosystem.
“Having Star Atlas integrated into Solana opens up the possibility for a new standard of blockchain gaming. Bringing the traditional gaming experience on-chain and allowing players to own in-game assets as non-fungible tokens and giving an avenue for in-game monetization. This is an exciting integration.” Anatoly Yakovenko — Co-Founder, Solana.