| fractional ownership | NFTs | Solana blockchain | Star Atlas | Unicly |
Online space metaverse Star Atlas has announced a partnership with Unicly to bring fractionalized game NFTs to their galaxy. The two companies will first work together on fractionalizing digital art, which will be distributed to explain and reveal the lore of Star Atlas. However, in the future certain game NFTs will become fractionalized as well.
The collaboration between the two companies starts with the launch of Re-Birth, an NFT art collection created by Star Atlas. These artworks will be part of a 14-week campaign, revealing one new artwork per week. These NFTs will sell across several marketplaces, while these will reveal the ‘genesis and lore of Star Atlas’.
Star Atlas could be selling 10,000 copies of their artworks, or they could be selling just a few. However, instead they are looking at fractionalizing the NFT collection. According to the game company this allows everybody to get exposure to a valuable, unique artwork.
“Fractionalization provides a powerful vehicle for collectors to obtain exposure to countless pieces of digital art that would otherwise be out of reach for many. Through this partnership, the entire Re-Birth collection will be accessible to anyone with a passion for Star Atlas,”
Michael Wagner, CFA, co-founder & CEO of Star Atlas
When Re-Birth launches, gamers and collectors will have the opportunity to buy a fractional portion of the entire collection. It’s a business model introduced by Metapurse, when they acquired the Beeple collection late last year. They now have the B20 token as an opportunity for art collectors to own a share of the multi-million dollar collection.
What is Star Atlas?
Star Atlas is an upcoming massively multiplayer online game set in space, which will use Solana for its blockchain mechanics. All game logic, transactions and ownership will be stored on-chain. Star Atlas will be a grand strategy hybrid space game with serverless MMO gameplay. All gameplay will be real-time, and it will use the blockchain to give players ownership over in-game items, add economic-based gameplay mechanics and implement an economic system inspired by decentralized finance.
The game takes place in a distant future, in which three galactic factions have emerged. There’s an on-going struggle for resources, territorial conquest and political domination. Players can join one of these factions, and then earn income for their contributions. As a result their actions will change the course of the fictional universe. In-game created factions allow players to work together, gather resources and self-govern and manage their own micro-economy.
Star Atlas allows players to venture into deep space and discover new stars. In this universe filled with planets, there’s lots of conflict. Newcomers to the game will start out in a faction safe zone, but eventually venture into medium and deep space zones where the stakes and rewards are much greater.
All ships, space stations and land installations have weapons and shields for attack and defense. Gamers can upgrade space stations and installations through community efforts, while space ship commanders can assign crewmembers to improve the ship’s performance. The choice for your crew can influence your career, ranging from data runner to bounty hunter.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.
