Support this Podcast: https://anchor.fm/staratlasdaocast/support
This will be a shorter episode, but I wanted to touch on what you’ll actually be able to do with your assets, or NFTs, in the game. These assets can be anything from Ships to parcels of land, anything that can be purchased, owned and sold.
Pre-purchased assets can be actually used for mining, rescue, pirating, freight, bounty hunting, imperialism, crafting, retail, ship storage fees, refining fees, repair, refueling, defense, offense, and jump point travel fees. And the cool part is, well from what we’ve brainstormed in my circles, we anticipate that you’ll be able to form an actual career our of some of these activities. And no, I don’t mean a fake career that you have to do when your wife and kids go to sleep in the wee hours of the night, I mean an actual metaverse with a real economy that can provide you with money for your actual real life.
Another way to use these assets is through asset brokerage, or purchasing early assets to sell later, as opposed to actual use in game. This is very similar to how NFT’s are utilized now. It’s not scalping though, it’s buying early and selling later when the demand has gone up and so have the prices.
The third listed use case for these assets is Node Staking, or the Idle staking in safe zones for passive portfolio growth. Now this isn’t 1005 clear on what this will entail, but Staking, for those of you who don’t know, typically requires you to lock an asset, so it’s unavailable for you to use for a period of time, but it will bring you rewards after a certain period of time. So, staking your ship for 3 months and receive 20% of it’s value in ATLAS takons and so on, but we’ll release more information on that when we have it.
The last use case they suggest is in Alternate Gaming Clients. They mention that Open source blockchain allows other connected clients or games to utilize the mechanics of Star Atlas assets in an alternative means of exchange that they do not actively review.
So, if you want to build your own portion of the metaverse that serves as it’s own marketplace? So be it!
Now this is just the initial list of use cases, but since this game will eventually be owned and governed by the people, it makes sense that more and more will arise as the game grows in popularity.
Don’t forget to subscribe to this podcast so you can be alerted when we publish new episodes .