Star Atlas 101: Economics
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Star Atlas White Paper Support this Podcast: https://anchor.fm/staratlasdaocast/support Sponsor this Podcast: email [email protected] Unlike most games in existence today, Star Atlas provides a unique opportunity for players to extract in-game virtual earnings into real-world income. Where many game developers opt to monopolize asset ownership and distribution through restrictions on reselling, Star Atlas fully embraces the potential of owning your assets or NFTs and taking them off the star atlas marketplace to an external NFT marketplace to sell them. Whereas companies like Meta seemingly want you in the mateverse as much as possible, Star Atlas is different. The goal of the Star Atlas development team is to encourage the monetization of time spent in this virtual world, and emphasize the ability for this monetization to transcend the metaverse to the real world. Digital assets owned always belong to the holder, and crypto assets earned can be converted into real life currencies at insanely low transaction fees or gas fees. The Star Atlas team believes that this is the model for the future of gaming. Now a key driver of value within the Universe of Atlas is the monetary reward system delivered via blockchain mechanics. A secondary goal of the development team though is to drive real-world human innovation and progress by leveraging this virtual world as an experimental sandbox for economic and governance research. With that in mind, Star Atlas is driven by a dual token system with both the ATLAS token and the POLIS token. ATLAS will serve as the native in-game currency within Star Atlas. Players will initially leverage ATLAS to acquire digital assets such as ships, crew, components, land, and equipment. However, as in any real economy, a financial system is necessary to facilitate commerce. Whether it be through NPC merchants, or direct peer-to-peer transactions, ATLAS is the main currency. So Operating expenses, such as personnel for mining equipment, fuel for ships, and repairs for damages will all need to be paid in ATLAS. It will also serve as the predominant currency within the NFT marketplace. Here is an important note though, unlike many projects in the crypto economy, the development team retains zero stake in the undistributed token supply So a fraction of ATLAS will be available through various stages of the Galactic Asset Offering (GAO) which we talked about in Star Atlas 101 episode on Phases (ep2), leading up to full launch of the title. Upon completion of the Galactic Asset Offering, ATLAS can only be earned through in-game activity or sales by other players. Now the POLIS token on the other hand, is the governance token, with applications both in-game and in directing real world economic policy. --- Send in a voice message: https://anchor.fm/staratlasdaocast/message Support this podcast: https://anchor.fm/staratlasdaocast/support
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