NFTs (Non-Fungible Tokens) is currently a rapidly growing sector. Several applications, games, and marketplaces have emerged throughout the space. The triumph of this sector has attracted world artists using NFTs mostly to sell their art — paintings, drawings, collectibles, and as of late, even songs or full music albums. The speed of sales and the amount of money raised amazed everyone in the industry. It is a new fascinating technology of unimaginable proportions.
At Cryptomeda we aim to create a fantasy NFT ecosystem — a new kind of entertainment that opens the door for mass adoption and the system is simple enough to understand even for „crypto newbies“.
NFT market overview
2021 is turning up to be the year of NFTs, with sales and volumes reaching new and amazing price records. Almost two years ago, the total value of the entire NFT space was less than $300 million. In 2020, it crossed the $1 billion mark. The total value of the space has currently surpassed $3.4 billion. The growth of the industry is obvious, and possibilities are limitless.
We are still at the beginning stages of this technology. Digital collectibles will be a huge market in the near future. The NFT market overall has a lot of space for enormous growth. Tokenizing, in general, will be an ordinary part of our lives. Real estate, books, music, works of art, anything of collectible value — the sky is the limit.
The idea behind Cryptomeda
Our goal is to create a simple, fun, and entertaining approach to the NFT ecosystem. Our main product is a rare collectible card collection representing remarkable events from the crypto space transformed into a fantasy story. We are trying to create an interesting system of NFT collectibles that might attract mainstream attention. The native currency in the ecosystem is TECH token, working as a utility token and governance token at the same time. Users might use TECH token for staking, trading cards in our marketplace, purchasing special items in the mobile game, voting, and much more. The most important aspect for us is cooperation with our community. We will be rewarding our active members generously and include them in the expansion of the ecosystem.
Unforgettable events and characters from the real world are transformed into a fantasy story. The most important elements of the story are animated on unique collectible cards. Each collection consists of 4 Cryptomeda cards that serve as additional rewards for staking TECH tokens or completion of community quests. New card collections will be issued every other month. There will be a minimum amount of TECH tokens required to participate in the draw. NFT rewards will be sent to the winners once a week.
Creation of the Revolution Card
Each card contains randomly generated attributes. After collecting the entire collection (all 4 cards from a specific collection), it will be possible to merge it to create the revolution card. All 4 cards will be burned during this process which increases the value of the cards in circulation. The revolution card contains only one attribute — Experience, which is the sum of all attributes of burned cards. The holder of the revolution card will receive airdrops of TECH tokens for the next 6 months. The higher experience, the better airdrops the holder will receive. Only 20 pieces of the revolution card can be created in each collection.
The current problem that NFT marketplaces face is a large number of fake copies. The user must be very careful not to fall for any scam, all of which are basically worthless. Our marketplace solves this problem. Only cards issued by Cryptomeda will be available here. We guarantee that no replicas will be displayed in this marketplace. This will ensure that all transactions made within our marketplace are trustworthy.
One of our main ideas is to involve the community on Discord to facilitate cooperation. Active users have the opportunity to participate in the future of Cryptomeda. Users have the option to share their arts, ideas, participate in competitions, referral programs, debugging, voting, and more. We will be sharing TECH tokens from the community rewards fund and special NFTs with the most active users of the community. Furthermore, the most beneficial and active members will have the opportunity to join our team.
The Cryptomeda NFT game is another utility and usability of TECH tokens and card collectibles, e.g. TECH tokens used inside the game for in-app purchases of special items to boost your gaming experience. It is going to be a simple turn-based mobile game at first. In later stages, a PC game will be published on the Steam store. The basic idea consists of using skills, strategies, and a luck factor. Ranking systems will be implemented as well. Players will race “to the top” to receive prizes in the form of TECH tokens, card collectibles, physical products, or other special rewards.
The Future of Cryptomeda
We aim to build a fascinating and successful project that’s unique and unlike anything you have seen before in this industry. We will do everything to satisfy our community and implement a multitude of ideas as the Cryptomedaecosystem grows and adapts. We have started this project, it’s up to our community to choose what direction we go from here.
Join our community to hear the most important updates about Cryptomeda. We are so excited to share more with you soon!