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#EXPLAINING MAGIC VINES UPGRADE#
Trade your Loot items to upgrade your adventurerĤ. Unbundle your Loot Bag into individual ERC 1155 Loot itemsģ. Introducing Lootmart™ a collab with & Connect walletĢ. But even if there’s some speculative angle to the creation happening, how many people get to participate if these bags cost tens of thousands of dollars at a minimum? On the one hand: If you just think the game of making up a game is fun, because all of these bags and items live on the Ethereum network, then you can still make things that incorporate them at no cost (short of the painful fees currently associated with using Ethereum).Īnd if it really matters to you to have those unique objects in a wallet of your own so you can really participate, people are thinking of interesting paths there, as well: All from taking simple primitives and generating context around them that gives them value. In less than a week, a community has gone from lists of text to infinitely many illustrations of those items to worlds for those items to reside in and characters to wield them. Redefined Life Podcast (RedefinedLife.eth) September 1, 2021 It is an invitation to respond with, "Yes, and…" Certain kinds of items in these lists sounded cool and were found to be rare upon analysis of the entire set, and so bags containing them rose in value to extreme heights: The “floor,” or minimum price to buy into a Loot “bag,” shot to thousands of dollars worth of Ethereum. And as happens in NFTs, a market quickly formed around these unique lists of items.
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People spent money to get those unique lists. I repeat: a unique list of items. No artwork, stats to compare quality or even game rules that could inform such stats. If “NFTs,” “gas” and “minting” sound unintelligible, the short version is that this project lets you spend some money to create a unique list of items that you could keep in the same wallet (an app like Rainbow) where you’d keep cryptocurrencies or other digital collectibles, typically art (or, as skeptics gleefully note, JPEGs). intentionally omitted for others to interpretĪvailable via contract only.