Design of Non-Fungible Tokens

Official NFTs

The project development team will issue NFTs that constitute scarce items in the metaverse such as troops, vehicles, ships, and companions. These NFTs will play an important role in the Player-vs-Player gameplay and other activities in the metaverse. Players can freely trade these NFTs in the marketplace.

Another type of NFTs issued by the development team is cosmetic NFTs, which can be cosmetics for player avatars, as well as cosmetics for waifu characters. Owning these NFTs allows for changing the appearance of virtual characters in the metaverse.

A marketplace will be provided to facilitate the trading of NFTs among players. A transaction fee will be collected from trading on the marketplace, and these fees will be deposited in the Universal Reserve and used for distributing to $EFAS token holders, further development of the EFAS metaverse, or for purposes decided by the Universal Congress.

UGC NFTs

In addition to NFTs issued by the EFAS development team, there will also be a number of UGC tools provided for creating digital assets, which can be minted as NFTs, and can be traded on the marketplace.

Of course, if any digital asset can be minted as an NFT, and if there is no restriction on such minting, the marketplace will soon be inundated by an endless amount of NFTs, resulting in the devaluing of all NFTs in the marketplace. To ensure that the NFTs in the EFAS metaverse hold value, the minting of new NFTs needs to be greenlighted by the Universal Congress through a simplified voting mechanism. Minting will be carried out and publicized by various events such as digital asset design competitions.