Crypto Currency

EtherCards framework set to launch on March 18

EtherCards, a community-driven NFT platform has revealed that its gamification framework will go live on March 18, 2021. To mark the launch, EtherCards will be offering 9990 NFT Cards in a public sale on the same day.

Each card will have a serial number and function as a rare NFT art piece. Furthermore, every card will carry a set of Traits, which provides practical utility and explicit value. In the context of the EtherCards platform, traits are special abilities ranging from free services to discounts.

Cards to be offered during the sale will be grouped based on their serial numbers. So far, the EtherCards team has revealed that the cards have been grouped into 4 categories – Founder Cards, Original Gangster (OG) Cards, Alpha Cards, and Common Cards.

Although the Founder Cards do not have any special ability, they enjoy the highest level of rarity and sentimental value. There are only 10 cards in this category with a single-digit serial number that runs from 0 to 9. OG Cards, on the other hand, are for early adopters. This category features 90 special cards having serial numbers from 10 to 99. For getting on board early, OG Card owners enjoy a higher chance of receiving more traits. Compared to normal cards, OG Cards have 3 times more chances to receive traits.

Alpha Cards have three-digit serial numbers ranging from 100 to 999. There are only 900 cards in existence and as expected this class of cards has a lesser chance of getting traits. Overall, they are 1.5 times better than common cards when it comes to attracting traits.

The final category of cards that will be offered during the public sale is the Common Cards, otherwise known as the Common Cards. These 4-digit serial number cards range from 1000 to 9999. Whilst the common cards are obviously the least in the category, they still possess several traits. The EtherCards team revealed that some extra traits will be issued at the end of the public sale.

What are NFTs?

Non-fungible tokens, otherwise known as NFTs, have taken the center stage in the cryptocurrency scene recently. An NFT is essentially a cryptographic token that represents something unique. Its utility is called upon when there is a need to create a unique digital item such as a digital collectible, a digital art piece, or an in-game item. 

It is also worth adding that unlike other classes of cryptocurrencies, NTFs are not mutually interchangeable by their individual specification. Put differently, one NFT cannot be equal to another, either in the property of the token or its value. Every NFT is assigned a unique digital hash that distinguishes it from other NFTs of its kind, thus, enabling proof of provenance.

The EtherCards Platform

The framework is made up of two key aspects – the EtherCards platform and NFT tokens that power the network. That being said, the EtherCards framework “allows anyone to maximize the benefits and value of their NFT tokens.”

The EtherCards platform is designed to push to frontiers of the NFT marketplace beyond the current industry standard. It provides the building blocks for artists to create puzzles, tickets, bounties, and other NFT-based single-player games. Users can also play games to win NTFs and other valuable prizes.

Tokens to Power the Ecosystem

EtherCards tokens are advanced membership cards that offer a plethora of benefits (traits) to their holders. As earlier stated, these benefits may include special discounts, free services, and bonuses.

The platform is using a gamified model to attract investors and drive adoption. According to the team:

“These tokens will be of varying rarity and of different value, offering various levels of financial and logistical advantage, with the best cards being distributed on a first-come-first-served basis from the 4th of March onwards.”

To ensure fairness in distribution, EtherCards will employ Chainlink’s VRF, which offers randomness at the point of sale.

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