We’re incredibly excited to announce our latest NFT-related project, Tratopia! In case you’re wondering, it literally means trade utopia, hence the Tratopia term.
This project was super exciting for our team to announce because it hits home really well, especially since most of us as gamers have tinkered around games like Cryptokitties and Pokemon Go, and we know the value of NFT and how it can make this space even more lucrative.
So, how does Tratopia work?
Tratopia allows you to upload rare items that only YOU have access to, or have created by yourself, and offer them for sale on our marketplace. Think of it as a collector’s museum, but this museum actually lets you buy what they’ve got, and you also have the liberty to offer what you buy for sale later on.
There’s also a trade feature that allows you to trade unique items with other merchants as long as they’re of the same value, or even if they’re not, but it will have to be a mutually accepted transfer of items so that it would work and register on our system.
Why would this project matter?
Think of from an artistic perspective, for this example’s sake:
You are an artist. You make digital paintings. Yet, for some reason, they’re undervalued and you only get to sell them on online sites like Fiverr or Deviantart for pennies. But what if you found another way to signify the importance of your artwork, and make even more profit through it? This is how NFT, or rather Non-Fungible-Tokens, come into play.
Through our NFT system, which is far more simplified when compared to the current marketplaces that offer the same service, you will find out that you can make so much
more by listing your valuable digital art on a crypto marketplace, because it makes your art UNIQUE, and it makes it the only one of its kind, adding a more significant value to it that makes it lucrative for potential investors who would be interested in buying your piece for a high value with a mindset of later selling it when there’s a higher demand for your style.
This is just an example out of many. This could apply to you no matter what your work niche is part of, regardless of the skills you have when creating something that’s digital. This gives you the full creative freedom of creating anything you want, give it its value, and either start the next NFT trend that everyone would kill to get, or try your luck with something new if your item isn’t considered that valuable by others in the marketplace.
Regardless, the sky is quite literally the limit when it comes to digital creations. It could be a rare GIF, a meme, an animated video, any type of asset that is solely unique to its owners and cannot be obtained or found anywhere else in the world, and we believe that through DMScript, we can make it an amazing experience for everyone.
How will we regulate it?
We originally wanted to use our first token, DMST, for this project, but on second thought we realized that having a stablecoin be the dominant currency of the platform would be much more optimal for the users as well as our company, because not only can you rely on stablecoins that won’t lose their value overtime or triple all of a sudden.
How can users get $DMUSD?
- We will start with a snapshot of DMST holders on Jan 1st in 2021.
- To qualify, you must have a minimal amount of 50,000 $DMST.
- For 10 DMST, you receive 1 $DMUSD, which is worth $1.
- Make sure your $DMST is in an ERC-20 wallet so you can qualify for our airdrop.
- Ensure that at least 50% of your DMST tokens have been in your wallet for at least 30 days to qualify for the airdrop.
Extra benefits for DMST investors:
- After finishing our airdrop, we will be distributing 100k $DMUSD to the top 100 DMST holders, meaning that those who have the largest amount of DMST will have the greatest benefits when using our new token.
What $DMUSD can be used for:
- It will be the main cryptocurrency used on Tratopia.
- You can use it when betting on Higglo’s P2P platform.
- The ability to exchange it for DMST, which we’ll discuss further later on.
- Multiple uses for DM related projects that will be revealed in future updates.
- Earn $DMUSD by staking $DMST using our soon to launch staking program.
- Tratopia will be released after Ubrizy in Q2 2021, and we will keep updating our community with all the features surrounding the project, and will make sure to release a website that showcases all the information you’d like to see, and we’ll be sure to add it to the next version of our website and our whitepaper.