Token Deep Dive: Pixel Vault

Conclusion: The project is extremely ambitious building at the intersection of Comics, Heros, NFTs, DeFi, Metaverse, and DAOs. The development of real stories behind NFT assets (through comics) allows communities to create lasting connectivity to sub-aspects of the PV empire. 

Leading to vibrant activity across the expansive roadmap Pixel Vault has laid out. The project will continue to be successful as long as it can maintain its decentralized ethos during future expansions to the IP. 

Overview of the Projects: Punks

@PixelVault is the parent entity of Punks, an #NFT comic series (now IP empire) drawn by @Marvel and @DC comics artist Chris Wahl and Meta Hero. The former project is based on 16 core crypto punks held by Pixel Vault, which were placed in a vault then fractionalized into 100,000,000 $PUNKS tokens. The token was designed to give the community exposure to a very inaccessible collection in the NFT world. In addition to the value of the underlying asset increasing, the $PUNKS token will theoretically increase in value as the IP of the project grows.

Punks Tokenomics

Game Theory is laced into each PV project, collectors are required to make decisions that will determine the path they will travel in the collection. 

Option 1: Staking - Post comic purchase, there are several options, staking your comic will grant one a share of 50% of the $PUNKS token distributions from the increasing value of the 16 Punks / Additional IP profits.

Option 2: Burning - Post comic purchase, one can burn the #NFT for a #FoundersDAO NFT. This new NFT grants users proportional voting rights over the Pixel Vault DAO which holds rare NFTs outside of the original 16 Punks, as well as 25% of the $PUNKS token distributions. 

Overview of the Projects: MetaHero Universe

@MetaHero is a collection at the intersection of Metaverse / DAO / NFTs and is comprised of 9 planets and one moon. Each planet is self govern by the holders of the various #Hero #Villains and #Mutants (which have 146 core identities / 9,678 identities). Each NFT will have embedded traits for use in a cross-chain #Metaverse style game, not to dissimilar from what @YakuCorp is doing on @solana 

MetaHero Tokenomics:

Each NFT has the ability to be staked in exchange for the $POW token which is the games native token. Now onto the planets these NFTs live on: 

To reiterate, each planet is its DAO with a fixed number of members (token holders). Of the total supply per planet: 20% giveaways, 35% Minting, Pixel Vault 45%.

Mercury - 2,440 tokens

Venus - 6,052 

Earth - 6,378

Moon - 1,738 (956 tokens given in exchange for burned comics)

Mars - 3,396

Jupiter - 71,492

Saturn - 60,268

Uranus - 25,559

Neptune - 24,764

Pluto - 1,195

Each planet’s token holder will be given revenue shares from that planet’s land sales, building, and item sales. The price of the tokens will vary depending on it’s place in the launch cycle for the project, additionally each plant token will come with a #mintpass for a #sidekick NFT. 

The collective body of planets will feed into a larger MetaHero DAO “UpDAO” that controls the direction of the project. 

Conclusion: 

The project is extremely innovative in the NFT world, earning their AAA title amongst the broader community. The goal of creating expansive IP around NFTs, comics, and entertainment has been a benchmark for many other projects to say the least. Looking forward to tracking their continued buildout into the Metaverse. 

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