NFTs: Into the HIFI-Verse
Last updated
Last updated
Venture inside HIFI mind's eye with randomized art beyond nostalgia into the ARTcade Adventure. HiFi Gaming Society invites gamers, collectors, and investors alike 'Into the HiFi-Verse' discovering familiar HIFI branding stimulating imagination in exotic artwork. Experience out of this world HIFI destinations HiFiver's dare visualize. Prepare to enter next level utility and unlock the rarest attributes. Pursue Godly tier rarity with unification in HIFI-themed NFTs coming to life in the future and discover secret clues to access treasury benefits with HIFI’s elite club - The HiFi Society. Behold!
There are no coincidences in HiFi-Verse!
PancakeSwap NFT Marketplace: https://pancakeswap.finance/nfts/collections/0x3E8bb868753357be4492958A8f63dfa29432996D NFTKey: https://nftkey.app/collections/intothehifiverse/
Liquid Collectibles: https://liquidcollectibles.io/collection/0x3e8bb868753357be4492958a8f63dfa29432996d The Bull Society Marketplace: https://www.thebullsoc.com/marketplace/0x3e8bb868753357be4492958a8f63dfa29432996d Analytics: https://www.rareboard.com/hifi
HIFI Gaming Society NFT’s include 1000 (#0–999) avatar characters built from 13 randomized attribute layers outlined below. Each avatar is uniquely identifiable and algorithmically generated for this rarity-based use, limited edition collectors set.
Quantity: 8 NFTs
Quantity: 25 NFTs
Quantity: 67 NFTs
Quantity: 150 NFTs
Quantity: 250 NFTs
Quantity: 500 NFTs
After a successful collaboration with ChainLink, HIFI decided to integrate Chainlink’s VRF (randomization) technology to help establish trust, encourage safety, and ensure security in the randomization mechanics used to generate the NFT collection.
The technological process for randomization is highlighted in HIFI’s previous article, HiFi Gaming Society Integrates Chainlink VRF for Fair RNG in NFT Generation and P2E Gaming, Chainlink followed up confirming HIFI’s integration with a tweet on October 22, 2021.
Every layer/attribute has a different likelihood of occurring in each unique NFT, this means that some items on the NFT’s are a lot more rare than others. Again, the layers used were Ambient_Light, Arcade, Eye, Eyebrow, Glove, Hair, Joystick, Mouth, Skin, Vest, Light, Background, and Rank.
When an NFT received its first 9 layers, the NFTs were ranked based on the accumulated points per NFT. In the next phase they received their background and screen color. This way each tier is easily recognizable from the other, the higher the tier, the more rare the combination of attributes it has! So we have diversity in rarity systems to engage various collectors.
Fun Fact! Godly, Legendary, and Epic Tiers (NFT’s #0 — 99) are animated!
The NFT’s with higher rarity receive increased treasury reflection benefits.
The higher the tier, the less owners per tier means higher ratios for reflection rewards. This means that you have less population to share the allocated percentage. Can you imagine the impact treasury reflection benefits will have as the HIFI platform, economy, and ecosystem grow?
As much as HIFI wants to, this would be impossible due to its mechanics and function within the treasury and ecosystem.
The reflection mechanism is a relatively new concept in cryptocurrency circles, and it still requires a lot of fine-tuning before it can be widely adopted and implemented by other projects. However, in principle, it reduces panic selling to a bare minimum, which potentially could be significant for the DeFi/GameFi industries. “The litmus test is the performance of such tokens in the market in the medium to long term. At this juncture, such tokens appear an exciting experiment, which is certainly worth taking a closer look at for your crypto asset portfolio.” Anndy Lian concluded.
Source: https://hackernoon.com/reflection-mechanism-and-crypto-a-deep-dive
