Merit Circle partners with Dapper Dinos
Merit Circle partners with Dapper Dinos, a family-friendly NFT project made up of 9,999 hand-drawn algorithmically generated dinosaurs that live on the Ethereum blockchain.
Dapper Dinos is an NFT project that aims to distinguish itself from its more traditional counterparts by bringing a family-friendly and inclusive atmosphere to the web3 space. As part of the partnership, Merit Circle has invested $250,000.
It begins with the idea of creating a collection that people enjoy while building a charitable and caring community where both holders and gamers could come together.
Although the genesis collection has sold out, current and new holders will be given an opportunity to mint a baby dino egg prior to the launch of the Dino Breeding Program.
The life of each dino starts with a small egg. Once hatched, baby dinos quickly grow into adults. Each dino represents an NFT and is characterized by a number of factors including rarity, traits, and accessories. There’s also the Dapperness scale, which rates dinos from Dapper to Dashing.
Certain items such as a cheetah tracksuit are worth much more on the Dappernomics scale than a dapper scarf, for example. Holding such dino NFTs grants exclusive access to experiences, community-driven events, and much more in a first-of-its-kind metaverse.
Circle of life
Breeding is an important part of the Dino world. Egg NFTs creates when two dinos breed with each other; these can be bred from a player’s own collection or through a breeding pool. Like real genetics, an egg will more likely than not inherit traits from the parents, however, there is always the rare possibility of super rare traits. Eggs can be sold on the marketplace at any price and offer an effective low-cost method for interested players to take part in the metaverse.
In order to promote the circulation of these NFTs through the community, the collection includes an interesting breeding mechanism. Each adult dino has five ‘breeding charges’ that are consumed each time that dino has been used to breed. Each consecutive charge also becomes more expensive than the previous by $BONE.
Part of the fees allocates to the dino that was bred. Part is redistributed to dino holders and the remainder is put towards the ecosystem’s growth fund. This introduces another dynamic into the ecosystem, giving players the chance to trade dinos that may not be able to breed anymore but can be use in Dapper Dino games.
Dinosaur $BONEs & prehistoric $FOSSILS
Dapper Dinos operates through a dual token model. BONE is the utility token that is an in-game reward for many different activities. While $FOSSIL is the governance token. Players earn $FOSSILthrough staking genesis dino NFTs and by playing the game. A combination of tokens is use for breeding dinos, with the quantity of $BONE increasing with each consecutive breeding charge.
Dapper Dinos also features Dapper Dino Breeding Token (DDBTs), a rare and powerful token that grants holders a single free breed. These tokens will be consume at any time and will be use at any stage in a dino’s breeding cycle. All of these assets can also be trade in the in-game marketplace. Presenting users with an easy-to-use app where they can easily manage all aspects of their Dino collection.
Merit Circle and Dapper Dinos Partnership Highlights
In recent years, NFTs have steadily captivated the attention and interest of people across the globe. They are working on a project that’s on building a community of members of all ages. Serves to introduce crypto concepts to the next generation of builders, founders, and creatives!
“The Dinos team and community are extremely excited about this partner investment and partnership because, like Merit circle, whose mission is to revolutionize gaming and empower people, we aim to empower a more inclusive and diverse ecosystem through a revolutionary game-fix experience that will connect web2 to web3.” — Rick Seeger, CTO of Dapper Dinos
ABOUT Dapper Dinos
Dapper Dinos’ mission is to give holders exclusive access to experiences. Merchandise, community-driven events, philanthropic endeavors, and a first-of-it’s kind metaverse. It will allow holders to play, earn and interact with each other.
ABOUT Merit Circle
Merit Circle is a decentralized autonomous organization (DAO) that creates opportunities for crypto and gaming enthusiasts.
RESOURCES
Medium
