MeForia Space WhitePaper

--- title: 'MeForia Space WhitePaper' disqus: hackmd --- MeForia Space WhitePaper === ## Table of Contents: - FINANCIAL ADVICE⚠️ - COMPLIANCE WITH TAX OBLIGATIONS - INVESTMENT RISKS - KEY TERMS IN THE CRYPTO WORLD - Project BIO - About the Creators 📖 - Lore Of The NFT 📜 - Project Timeline ⏳ - Phase 1: Conceptualization of Idea 💭 - Build The Community🌍 - Pre-sale - Public Sale - Phase 2: Build the Utilities ⚒️ - MeForian Tokens + Utilities 🪙 - Tokenomics 📊 - Phase 3: Creation of Planetarium🌐 - FAQ ## FINANCIAL ADVICE This white paper **does not** obligate anybody to sign a contract or make a legally enforceable commitment to contribute. This white paper also does not constitute any form or part of any opinion that can be construed as advice, or that can be used to sell or solicit any offer by Trillions to purchase our Non-Fungible Token, nor shall it be construed as a part of any effect that can be used in the formation of a contract or an investment decision. **COMPLIANCE WITH TAX OBLIGATIONS** Users of the Website are entirely responsible for determining what, if any, taxes, if any, apply to their transactions. The Website's owners or authors are not responsible for determining which taxes apply to transactions. **INVESTMENT RISKS** Trading cryptocurrencies have a high level of risk and is not suited for all investors. You should carefully evaluate your investing goals, level of expertise, and risk appetite before opting to trade cryptocurrencies, tokens, or any other digital asset. **KEY TERMS IN THE CRYPTO WORLD** ___ **LEDGER** 📕: A ledger, in the cryptocurrency world, is a system that keeps track of all the transactions and balances between the participants of a network. This information is strictly numeric and encrypted so that the participant’s identities remain anonymous. **CYPTO WALLET**👛: Just like in the real world, a wallet keeps your private information, such as keys and passwords, that give you access to your cryptocurrencies allowing you to send and receive assets. They can be fully digital, like the Phantom Wallet accessible through the app, or they can be hardware wallets stored on devices like a USB Stick. **WALLET ADDRESS**🔗: Your wallet address is like your email. It is a unique code that can be created free by anyone and be shared publicly so transactions are sent to this address. Its looks something like this: rsoLo2S1kiGecn6hCUXBSsrMWlrRsKa4n01 **TRANSACTION FEE**💲: Payments that compensate the computing energy required to process and validate transactions on a blockchain ledger. **MINTING**: The act of tokenizing a digital asset to guarantee its authenticity and uniqueness. A clear example would be uploading an artwork to Magical Eden NFT Marketplace and issuing a token, a code, that guarantees ownership to collectors. Project BIO --- **‘MeForia’** >is a cryptoart marketplace that has brought extinct animals back to life in the form of unique jewelry pieces. Through the process of tokenization, these iconic creatures have been immortalized on the blockchain and become a valuable part of the digital art world. By merging the physical and digital realms, these artworks not only honor the beauty of these extinct animals but also demonstrate the potential of blockchain technology to revolutionize the art industry. The genesis collection consists of 996 elusive Saber-tooth Tigers, only known to us through depiction in ancient texts and stone glyphs. Each NFT in the collection is uniquely generated through a combination of hand-drawn appendages, which are then randomly applied based on their respective rarity level within the GIA Color Chart I.e., eyes; halos; necks; tails; teeth; wings. This process creates a one-of-a-kind digital asset that is cryptographically secured on the blockchain, ensuring its authenticity and scarcity. By utilizing a decentralized platform for this process, collectors can trust in the integrity of the rarity system and confidently invest in the value of each NFT." > >[name=Yuan Chen, MeForia Founder] ### ABOUT THE CREATORS 📖 ___ The artist behind this project is an expert in jewelry design and distribution, with a passion for creating unique pieces that celebrate the beauty of Botswana's ancestral beasts. As a native of the region, she has a deep appreciation for the cultural significance of these creatures and seeks to immortalize them through the use of NFTs. While traditionally, jewelry may have been seen as a construct of metalwork, to be worn and admired by individuals, this artist sees it as an artwork that can be stored on the blockchain and displayed in the digital realm. By utilizing the decentralized and transparent nature of blockchain technology, these pieces can be owned, traded, and displayed in a way that is accessible to a global audience and values the unique artistic expression of the creator. ### 🕯️HISTORY OF MEFORIA 📜 ___ There are not many places on earth that can boast about The Snow-Capped peaks of Mount Gatsetsa, the vast and arid sands of the Tsigaru Desert, and over 400,000 KM/SQ of dense forest and mangroves known as The Suapon Wetlands. None that do it with swagger, and yet, all of this can be found on Continental MeForia. Though MeForia is about 18 percent of the world's land area it contains between 47 – 51 [forty-seven to fifty-one] percent of all recorded species including; over one Hundred seventy-five thousand species of plants; and ninety-nine thousand species of animals. It is perhaps, because of this diversity, MeForia remains largely unexplored by humanity. Over the years, she has been subject to reports of extinct animals, living and thriving in this Utopian landscape. **FACT? Or FICTION?** Legends tell of Mammoth herds thundering through the thick Suapon Wetlands and surrounding areas of the North. In Torah, large venomous snakes (like the Echidna) slither across the forests floor, and Black Bears; Grey Wolves; and jackals roam in search of their next meal. Moving on to the South of The Continent, old tales tell that in the Gatsetsa Valley, packs of Wild Dogs call MeForia their home. White Rhinos continue to stomp through the Evergreen Western regions of this great Land. Then of course, in MeForia, we find some very… very large Cats. ![](https://i.imgur.com/MWlVDQ7.jpg) The Leopard; Snow Leopard and Clouded Leopard can all be found here as well as the last surviving population of Agustavus Ladolphus. They reside in and around Lake Chofala found in Eastbay. Last, and most certainly not least, we arrive at the real King of the Jungle, Machairodontinae, or more commonly known as the Sabre-toothed Tiger, by all accounts, written or otherwise – an extinct species of Felidae! Over the past two millennia, humanity has sought after species such as The [Atlas Wild Ass](https://animalia.bio/atlas-wild-ass), [Northern Elephant](https://animalia.bio/north-african-elephant) and even descendants of [Sivatherium](https://www.nationalgeographic.com/science/article/the-biggest-giraffe-of-all-time) (a pre-Antiquity giraffe) for sport hunting and other forms of corrupt animal exploitation. Knights of Yesteryear ordained by God to serve their King in defense of their respective Kingdoms, would find that they could do little else to keep their blood cool during times of peace than to go hunting. Contiental MeForia's (the divider of two oceans to the east and west of her respectively), wildlife diversity is one of the last remaining natural wonders of the world. Unfortunetly, Countless classes are coming alarmingly close to an untimely [extinction](https://www.iucnredlist.org/). >"With very little, in the way of physical evidence of their asthetic appearance on the continent found to date, all specimens are hand drawn, inspired-in-part by aforementioned ancient texts and stone glyphs, with all gemstones applied onto the animal’s body affectionately". > >[name= Queena Chen, MeForia Visual Designer] ### Project Timeline ___ Phase 1: **Conceptualization of Idea / Research and Development – Q1 2022 - Q1 2023** - [x] - Determine What our Concept is and the Utility of the project - [x] - Recruit Team and Assign Roles to Members - [x] - Develop Biography for Project and Timeline for Release - [x] - Research History on beasts for Project inspiration - [x] - Design Saber-tooth Non-Fungible Token - [x] - Build NFT smart contract Phase 2: **Building Community – Q1-Q2 2023** - [x] - Establish social media presence - [x] - Execute Professional Marketing Guide - [x] - Recruit Moderators - [ ] - List on Magical Eden Platform - [ ] - Build Community - [ ] - Pre-sale / Mint - [ ] - Public-sale Phase 3: **Build the Utilities – Q3 2023 – Q1 2024** - [ ] - Build Our Token [smart contract](https://coinmarketcap.com/alexandria/glossary/smart-contract) - [ ] - Establish yield ratio and launch process. - [ ] - Our NFT holders receive their Tokens via [Airdrop] - [ ] - Presale our Token - [ ] - List Our Token on Decentralized Exchanges ([KuCoin](https://www.kucoin.com/)/[Gate.io](https://www.gate.io/)/etc...) (https://coinmarketcap.com/alexandria/glossary/airdrop) Phase 4: **Build the Planetarium – 2024+** - [ ] - Recruitment of a Digital Architect/s to design the Planetarium - [ ] - Initial Alpha Testing for NFT holders - [ ] - Develop Planetarium - [ ] - Incorporate Virtual Reality aspects for Planetarium. - [ ] - Launch (*Timeline may vary slightly*)* ### Phase 1: Conceptualization of Idea💭 ___ The process of creating this project involved lengthy discussions between the co-founders that spanned over a year. The purpose was to establish the concept of the NFT, conduct research and development, determine the direction of the project, and formulate a timeline that could be easily understood by anyone reading this document. By utilizing the transparency and immutability of blockchain technology, the creators are committed to achieving the goals outlined in this Whitepaper. Through the use of smart contracts and decentralized governance, they will ensure that the project remains true to its original vision and continues to evolve in a way that benefits its community of supporters. ![](https://i.ibb.co/02n8N2q/purple.png) ### Build The Community The initial phase of a project is critical to its success or failure, community plays a crucial role. Building a strong and supportive community that shares the same vision as the project is essential for success. Through the use of decentralized platforms and social media, the creators can engage with potential supporters and build a network of early adopters.Utilizing the power of token economics, the community can be incentivized to contribute to the growth and development of the project, driving adoption and creating a sustainable ecosystem. A strong community can serve as a foundation for long-term success, and the creators are committed to fostering a supportive and inclusive community that values the unique contributions of each member. ### Public Sale Our success depends on the strength of our community and the effectiveness of our marketing efforts to drive adoption and increase demand. We have made 996 NFTs available as part of our first collection, with the goal of building a strong foundation for future projects. By leveraging the transparency of the distributed ledger, we can ensure the authenticity and scarcity of each NFT. As the first collection gains popularity and value, it will serve as a catalyst for future collections, attracting even more interest and demand from our growing community of supporters. Through strategic partnerships and targeted marketing campaigns, we are committed to creating a vibrant and sustainable ecosystem that rewards creativity, promotes inclusivity, and values the unique contributions of each participant. ### Why we Choose Magical Eden ___ Magical Eden is a decentralized NFT marketplace built on the Solana Ledger with a native currency known as SOL. By utilizing the speed and scalability of Solana, creators can mint multiple NFTs without incurring high upfront costs, streamlining the minting process. The smart contract built into the marketplace automatically distributes royalties to creators, ensuring fair compensation for their work. The Solana community is renowned for its strong and tight-knit crypto-community, making it the perfect fit for our NFT marketplace. By joining the Solana ecosystem, we are able to utilize the benefits of Solana, such as low transaction fees, fast confirmation times, and seamless interoperability with other Solana-based applications. As a result, we can create a vibrant and sustainable marketplace that provides creators with the tools they need to monetize their creativity and connect with a supportive community of like-minded individuals. ### PRICE OF THE NFT Genesis collection will start minting at 4.99**SOL** or about 100**USD** depending on the markets at time of launch. **Our NFT marketplace features a payment gateway provided by Crossmint, our trusted collaborators in the crypto space. Crossmint charges a nominal fee for minting NFTs using credit or debit cards, ensuring seamless transactions for buyers and creators alike. As a reliable and secure payment gateway, Crossmint allows us to provide a hassle-free experience for users, reducing transaction times and improving overall liquidity. By integrating Crossmint's payment gateway, we can streamline the minting process, reduce overhead costs, and offer a wider range of payment options, including cryptocurrencies and fiat currencies. This helps to attract a diverse range of buyers and creators, fostering a more inclusive and vibrant ecosystem for all participants. ### Phase 2: Build the Utilities⚒️ ___ A Non-Fungible Token [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) is a unique digital asset that represents ownership of items such as images, art, video games, or virtual land. These tokens are stored on [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) technology, like the Solana ledger, providing immutable proof of ownership and enabling seamless transactions between buyers and sellers. The NFT industry has seen explosive growth, with sales volume exceeding $20 billion dollars by Q4 2021, compared to just $200 million dollars in 2017. This growth was fueled by the popularization of NFTs in 2020 and the mainstream media's attention and fascination in 2021. While the market has recently experienced a cooling off period in mid-2022, MeForia Space is committed to providing added value for our NFT holders through various utilities, including a separate token to govern and be utilized with MeForia. This utility [Token](https://www.investopedia.com/terms/c/crypto-token.asp#:~:text=A%20crypto%20token%20is%20a,for%20investment%20or%20economic%20purposes.) will provide additional functionality and benefits for our community, enhancing the overall user experience and ensuring that our NFT holders receive maximum value for their investment. ### MeForia Token + Utilities🪙 ___ MeForia Token will double as a Governance token and as well as a Utility token for The MeForia Space VR Planetarium coming to the [Metaverse](https://coinmarketcap.com/alexandria/glossary/metaverse). Governance within the MeForia Community is determined by the amount of MeForia Tokens an individual has in his possession. Aside from the 3 founders, the more tokens you hold, the more authority and influence you have pertaining to; future roadmap decisions; story-arc and features. In accordance with our promise to building and rewarding our community, members or entities that own a MeForia Tiger will receive an airdrop of MeForia Tokens value based on the rarity of their NFT! These tokens can be used to transact within the Planetarium, they can be bought; sold; or [HODL](https://coinmarketcap.com/alexandria/glossary?term=hodl) as one sees fit, used to reward a moderator or members for their positive efforts and or contribution within the community, as well as swapped for other tokens on [decentralized exchanges](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex). Each MeForia NFT passively yields you MeForia tokens from the completion of the respective collection’s public sale (exact figures will be disclosed after [Mint](https://coinmarketcap.com/alexandria/glossary/annual-percentage-yield-apy)). It's important to note that vesting is a mechanism that restricts the transfer or sale of tokens for a certain period of time. In the case of MeForia Token, it ensures that the founders have a long-term commitment to the project's success and prevents them from selling their tokens immediately after launch. The 18-month vesting period for the creators and the 24-hour vesting period for other members are designed to maintain stability and prevent large fluctuations in the token's value. Additionally, the fact that MeForia Tokens can be used within the Planetarium and exchanged on decentralized exchanges provides additional utility and value for holders. ### TOKENOMICS📊 ___ ![](https://i.imgur.com/hOwcVuV.png) | TOTAL SUPPLY | 100 MILLION | | -------- | -------- | | Crypto Markets (Decentralized) | **13%** | | Metaverse Planetarium Pool | **20%** | | Airdrop Pool | **14%** | | Team Rewards Pool (bound for creators, team,advisors and contributors) | **13%** | | MUT$ Reserve | **40%** | ___ ### Phase 3: Creation of Planetarium ___ We are committed to creating a [Virtual Reality Planetarium](https://learn.g2.com/virtual-reality) that brings together the natural beauty of African landscapes and NFT's. We will assemble a development team dedicated to realizing this vision and creating a one-of-a-kind experience for owners of our genesis and future collections, including Rhinos, Sabers, Elephants, and Quaggas. With the MeForia Space, animal owners will be able to interact with each other in a fully immersive virtual world. Our MeForia Token will serve as the currency for transactions within the Planetarium, providing a seamless and secure way for users to engage with the platform. We are proud to reward community members for their support and contributions to the project. Owners of MeForia NFT's will have lifetime access to the Planetarium, and will receive periodic rewards in the form of MeForia Tokens. These tokens can be used to access exclusive Metaverse utilities and can be traded on decentralized exchanges, offering a range of possibilities for our community members. Each MeForia NFT is an access card to the Planetarium, ensuring that holders have exclusive entry to this exciting new world. As we continue to expand and evolve, our focus on community and rewards will remain at the forefront of everything we do. Join us on this exciting journey and be part of the future of NFTs and the Metaverse. **The stages include**: - Recruitment of a Digital Architect/s to design the Planetarium - Initial Alpha Testing for NFT holders - Build Planetarium - Incorporate Virtual Reality to the platform. - Launch Beyond our genesis collection, we want to establish our brand as a mainstay in the NFT community space. We want to reward our NFT community holders as well as bridge the gap between simple collection, and a truly immersed experience in the now Metaverse. ## Appendix and FAQ **What is the total supply?** We are keeping the total supply of our first collection at 996. Future collections will likely also be within this range. **When are you listing MeForia Space and on which marketplace?** MeForia Space will be listed on Magiacaleden.io and this will proceed to happen once the minting has been finalized. Thanks for reading! You can go back to our Website [Here](https://meforianft.space) :::info **Find this document incomplete?** Leave a comment! ::: ###### tags: `NFT` `WHITEPAPER` `DOCUMENTATION` `CRPYTOCURRENCY` `MEFORIA`