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The tools and services that sustain our economy and growth and how they work.Text Link
In Mundis, Non-fungible assets (NFTs) have some important distinctions from fungible assets (tokens). Mundis NFTsmust be:Text Link
Mundis NFTs will extend the Metaplex Protocol to support:
We aim to standardize the NFT protocol to a greater extent, allowing anyone to easily mint, display, and monetize their creations in the Multiverse and all associated Metaverses.
To accommodate all useful NFT use cases, Mundis implements the following types of NFTs, as defined in the Metaplex protocol:
A master NFT is a non-fungible token and associated metadata that allows creators to control the provenance of prints created from the master NFT. Rights to create prints can be tokenized, and the owner of the master NFT can distribute additional tokens to allow users to create prints.
Additionally, the creator can set a max supply for the master NFT, just like a regular mint on Mundis, with the main difference being that each print is a numbered NFT created from it.
A notable and desirable effect of master NFTs is that as prints are sold, the artwork will remain visible in the artist's wallet as a master NFT, while prints NFTs appear in the purchaser's wallets.
A print NFT is a copy of a master NFT. Each print has a number associated with it to uniquely identify it. Prints can be created as a part of an auction on the Mundis NFT Marketplace, but can also be minted manually by the creator.
A normal NFT (like a Master NFT) that is a non-fungible token and associated metadata, but lacks rights to print. It can be a one-of-a-kind artwork that when sold, is transferred from the artist's wallet to the purchaser's wallet.
Social and brand experiences will happen in a specific virtual interaction space you can access from your Mundis interface (and enter through your Personal Space). The Virtual Boulevard is a social space where you can explore and interact with other users or brands, play games, live meet, socialize, share information, and rate services, products, and brands.
Shape and urban style
The graphics of the Boulevard will attempt a highly realistic mirroring of life but will feature unique architecture and structures. The Boulevard itself will be shaped like a circle, with Side Streets developing on its exterior side. Side Street content will not be visible from the Boulevard, with users having to access the street to view its contents. A cycle of day-night will be kept on the Boulevard. On half of the Boulevard will be day and the other night. It will take 24h for a complete day-night cycle, with every spot on the Boulevard benefiting from both moods.
Each NFT can be minted with configurable royalty payments that are then sent automatically back to the original creators whenever an artwork is resold on the NFT marketplace in the future.Text Link
The Wardrobe Mall is a peer-to-peer NFT decentralized exchange but will also be used to create and edit your avatar. For shopping purposes, an “according to life” avatar can be created, including detailed information like exact shoe size, skin tone, or hair complexion, but it will be kept private at your discretion and only used for your benefit, giving you detailed and specific options on what info you share with brands about the interaction with their products.
The Wardrobe Mall's purpose is to allow users to try out and experience virtual brand products, ease Real-Life acquisition, or acquire and use dedicated commercial products from any Metaverse right from their Wardrobe.
Some NFTs can be experienced directly on your avatar, like skins, clothing, or accessories. Others have different purposes in the Multiverse and can be used or experienced in various other places, can unlock abilities, enhance skills, or provide entry to key venues or events.
Each side of the Boulevard will feature Venues, represented as buildings. These buildings are entry points to other metaverses or side-chain applications that range from a simple product gallery to a guided experience, or a complex game. They can feature custom-made economies, allowing gamified experiences that use digital assets or rules to incentivize participants.
Gaining access to the Mundis boulevard or its side streets is two-step. First, the entity needs to purchase a venue that can be placed on the Boulevard. This venue is an NFT and can be:
Purchasing the venue will enable the option to bid for a specific location on the Boulevard. Mundis holds auctions for all boulevard locations on a fixed schedule (e.g., trimestral) dictated by network consensus rules.
Boulevard auctions happen on-chain, so anyone that holds a venue NFT is free to submit their bid. Bids contain two pieces of information: the location on the Boulevard and the duration of the lease slot (e.g., max one year). Auction winners must lock up their bid in a bond for the duration of the lease slot at the beginning of the auction.
A suite of helpful presentation tools, brand manifestation spaces, and management structures that allow modern business collaboration. The Workplace is a virtual workplace for online meetings, relaying content, and presentations. It's a virtual environment accessible from your Personal Space, with unique fixed camera modes optimized for different scenarios: presentations, meetings, concerts, workshops, or collaborative work.
Instant access to the Workplace will be provided via invitation links. Anyone can join a Workplace through the invitation link as a Guest. The primary purpose is to allow users to create an immersive communication and presentation experience by enhancing data visualization, staging, virtual object, and image manipulation and using compelling novel video and text integration mechanisms.
A set of avatar and interface customizations, object inventory, setups, and actions will be available by default, but 3rd party developers can contribute their content as NFTs.
The available camera modes help participants to focus their attention on the organizer by viewing the complete presentation scene, including text, video screens, effects, participants, and their feedback.
A Multiverse company office that can be created by any company. It is a private, customizable virtual space designed to help companies inform guests about their work, create experiences, or showcase their work. It will benefit from a personalized interface and action set, an adaptable display space, a programable user-experience tool, and meeting space that can accommodate various setups and scenery.
The HQ can be accessed from your Personal Space, but it can also be placed as a Venue, on the Boulevard or Side Streets.
A new way to enhance daily work experience in your company, do employee training and development, motivate your team, or have some fun.
The Hub is an organizational add-on to the Virtual HQ, offering multiple setups and controls. As a result, organizations can translate valuable processes in the virtual space, like brainstorming, presentations, project follow-up, and teambuilding. It will also allow the development of a healthy and engaging organizational culture using gamification elements and progressive accumulation.
Creators can sell their content as NFTs in the NFT marketplace. The Marketplace will be available using an internet browser and in Layer 2. NFT sellers have the option to receive payment for their creations in any supported Mundis token.
Mundis allows creators to launch a custom storefront, like Shopify or WordPress. It provides a graphical interface to on-chain NFT system programs for creators, buyers, and curators of NFTs. In addition, the design and layout of storefronts can be customized either as a permanent store or a temporary place for a specific auction or collection.
The NFT marketplace will support four types of auctions derived from English auctions:
Payments and earnings in Mundis are made using ecosystem tokens. The Metaverse app will include a non-custodial wallet to help users keep track and organize their funds, income, and expenses.
Through the wallet, users can store, stake, swap, and make transfers using Mundis ecosystem tokens. The wallet will also store NFTs and has built-in asset transfer capabilities between Layer 0 and Layer 1 chains. Citizens can teleport NFTs and tokens from other blockchains into Mundis.
The LaunchPad is the central point for exploring and investing in new projects, ideas, and auctions in the Mundis ecosystem.
Developers can build custom worlds, chains, and technology projects and advertise them on the Launchpad to gather Layer 1 Validator support and initial capital.
Projects and ideas that require community involvement or financing should register on the Launchpad to describe their idea. A project may ask and receive community support for Layer 1 Validator seats and/or crowdfunding in exchange for the project's tokens. Each project will define its own rules, rewards, vesting schedule, and token release terms.
Anyone can request to publish their project on the Launchpad. However, to prevent malicious behavior, projects need to be vetted by Layer 0 Validators before having access to investors.
Access to Launchpad projects will be based on a "lottery format" to ensure fair access to all investors. Users can purchase up to 5 lottery tickets before a sale. Specifically, the exact number of tickets a user is given is determined based on their Mundis account balance "over 20 days." If a user maintains a sufficient account balance for said period "leading up to the day of the lottery," then they will reportedly be awarded "a maximum of 5 tickets per eligible account.".
The Launchpad will perform a transparent, randomized selection of lottery tickets 24 hours before the sale and users need to confirm how many tickets they want to purchase. Once a user confirms the number of tickets, it commits to purchase the number of tokens corresponding to the number of winning tickets."
Each new project listed on the Launchpad will reveal the maximum number of potential lottery ticket winners. Moreover, the specific "allocation amount" associated with each "winning ticket" will be announced "ahead of time." (e.g., 10,000 potential winning tickets, each representing 500 USD worth of tokens).
Besides token projects, Mundis will also host regular auctions for Venue places on the Boulevard. Auctions use the candle mechanism to randomize the exact moment the winner of the auction is determined. Participants have a pre-set amount of time to place bids and, to ensure fair bidding, the time when the winner is determined is randomly decided on and retroactively applied to the highest bidders.
FUN FACT: Historically, candle auctions were used in the 16th century as a way to sell ships. At the beginning of an auction, the candle is lit and the highest bid at the time the candle runs out wins the ship. So, while there is an official end to the auction, a candle auction refers to the random spot in time that will determine the winner. This random spot is always before the official end of the auction.
In addition to direct participation by a single bidding entity, Mundis enables anyone to crowdsource support for their idea using the LaunchPad. In this approach, Mundis token holders can bond their tokens to signal support for a particular project in exchange for project-related benefits (e.g., airdrops, discounts, yield, and more) If the project wins, the bonded tokens are locked by the network for the duration of the lease, after which the tokens are unlocked and may be reclaimed by those who contributed.
If the auction is not won, the bonded funds are returned to their owners.
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. Mundis provides a DEX for traders that wish to trade ecosystem tokens.Text Link
Mundis relies on developers to expand its Multiverse with: