NFTCG: A Lunar Legend

User avatar
lycaon
Author

NFTCG is a physical & digital trading card game utilizing PBT technology to imprint the $27 billion dollar trading card industry. Asking for a $40,000 loan, we plan on giving every cent back to the DAO, giving featured Moonbird characters royalties, and free 1 of 1 NFT art claims hidden inside some packs from artists we are connected with.

Historical
NFT (other)
Physical goods
Advertising opportunity

0 votes

0%

0 votes

0%

0 votes

0%

About the project


NFTCG is a physical & digital trading card game utilizing PBT technology to imprint the $27 billion dollar trading card industry. Asking for a $40,000 loan, we plan on giving every cent back to the DAO, giving featured Moonbird characters royalties, and free 1 of 1 NFT art claims hidden inside some packs from artists we are connected with.

Mission alignment

  • Create experiences or products which directly benefit holders
  • Elevate Moonbirds and Mythics within the web3 community
  • Promote the Moonbirds and Mythics brand beyond web3

Community backers

Lakoz.eth#4792, Axu.eth (ThinkingHotels)#0001, nftcaptain.eth#9344, Inaros#0806, kevinthomas#1415, YaBoiTRIX.eth#0412.

What is it?

These products are digitally-tied physical trading cards, containing an immutable private key that ties itself to a token on the ethereum blockchain. The benefits in this technology come two-fold with the first allowing for immediate authentication of any physical card. This can be done with the use of any modern cell phone and without any 3rd party application (see image above). This technology also allows for future on-chain interaction in order to play NFTCG within online environments. An online environment would eventually be made for NFTCG if we discover that there is a massive market interest for this technology.

The cards will be offered in the form of collectible booster packs. Each collectible pack will contain 6 NFTCG trading cards.

Each physical trading card will contain an embedded, encrypted near-field communication chip, housing critical information for the EIP-5791 protocol on the Ethereum blockchain. This is so that the immutable private key can be securely stored within each physical card to be traced back to a single trustless contract for verificaiton. Familiar, analogous tech can include a ledger, or any other hardware wallet, to describe this concept. Specific hardware and platforms used:

Hardware: Type 4 Near-Field Communication Chips that are capable of securely generating and storing an ECDSA secp256k1 asymmetric key pair.

These are the minimum hardware specs of the embedded verification chips required to carry out all necessary functions of PBTs. Allows for the physical trading card to be infinitely attached to its digital trading card, legitimizing the purchase of cards through a physical secondary market system. For the sake of clear communication throughout the proposal, we will also be calling these “NFTC chips.”

EIP-5791: The EIP-5791 contract proposes an interface for an EIP-721 NFT to be “physically backed” and owned by the holder of the NFT’s physical counterpart.

For a full breakdown on the current EIP-5791 protocol, click here: https://eips.ethereum.org/EIPS/eip-5791

Much clearer breakdown of our entire proposal: https://docs.google.com/document/d/1t4wVD18DVXlAuNIVH4Is7PGt9UBdwzUxWOS91IZhagc/edit?usp=sharing

Our Pitch Deck: https://drive.google.com/file/d/1IeJf1clDmWRifkIl-RJ9AH_7cm0b9BnD/view?usp=sharing

How does it benefit the Moonbirds and Mythics holder community?

Elevating the Moonbirds name as a tech brand in this space by funding a proposal that will manufacture 6,000 PBTs for this trading card game collectible release. Implementing a trading card collection that will catch the attention of trading card brands and promote Moonbirds. Distributing both a physical and digital version of each card to customers.

These points are further explained in the proposal breakdown: https://docs.google.com/document/d/1t4wVD18DVXlAuNIVH4Is7PGt9UBdwzUxWOS91IZhagc/edit

About the team

Author: Hey all, my name is Cyrus. In Web3, I'm known as “Lycaon”. I’m a corporate financial consultant based out of LA. I purchased my first Moonbird on the day of launch, and have been a holder ever since. I eventually worked my way up to owning a top 3% skeleton bird, as a firm believer in the PROOF and Moonbirds brand. NFTCG was originally a Moonbirds passion project, but has grown into something greater. I am the CEO, Chief of Design, and communications manager for NFTCG.

Team: Thomas, also known by the username “Drebin”, studied electrical engineering in Los Angeles and currently works as a sales engineer in industrial automation and the Industry 4.0 space. He will be Product Lead for backend tech implementation as we work on streamlining a manufacturing plan for PBT tech at scale.

Proof Of Concept: NFTCG has a foundation already established for manufacturing, market interest, and supply chain management; a fitting incorporation to the Moonbirds DAO. A limited collection of Generation 1 booster packs were released on November 19th, and sold out 500 packs in 72 hours.

Recorded Data Points: The average order value was $46.19, or 4.619 packs per order, NFTCG’s first drop had a conversion rate of 10.25%, while average industry conversion rates range from 2-5%. Lastly, 57.9% of customers were located in the United States, resulting in 42.1% of customers being located abroad, highlighting our global customer base.

Product strategy


Phase 1: Card Selection

Selecting the 55 Moonbird Legends that will be displayed in this collection. 10 out of 55 Moonbird Legends will be allocated to prominent members of the Moonbirds community. The remaining 45 Moonbird Legends will be raffled in a randomized fashion to all gold nested birds.

Phase 2: Illustration & Designs

Each Moonbird Legend will be assigned unique gamification statistics. Each of the 55 Moonbird Legends selected will be renditioned by our graphic designer.

Phase 3: Chip Manufacturing & EIP-5791 Creation

Creation of the EIP-5791 contract. Manufacturing of 6,000 NFTC chips. Programming each chipped card upon scan to notify the user that the scanned card is a verified “NFTCG: A Lunar Legend” collectible card.

Phase 4: Booster Pack Manufacturing & Packing

All PBT-chipped cards are programmed and tied to its unique 1:1 digital NFT card. The PBT chipped collectible cards are organized by rarity, and packed into 1,000 custom foil packs.

Phase 5: Integration, Contract, & Launch

A Metamask payment system that identifies whether a customer is eligible for any discounts, based on the nesting status of any Moonbirds in their wallet. Upon release, the digital pack NFT mint will go live on our website. Users will have exactly 1 week to purchase digital collectible packs from the total 1,000 supply, for .035 ETH a pack. After the 1 week mint period, holders can then burn their digital NFT packs for physical “NFTCG: A Lunar Legend'' collectible PBT packs.

What are the risks?

One potential risk we can foresee is if the “NFTCG: A Lunar Legend” Booster Packs do not sell out upon mint, less funding would be allocated back towards the Lunar Society via the “Return On Investment” section of this proposal.

What will the money actually be spent on? Do you expect any other money to come in related to this project, e.g. revenues?

Overall Cost: $40,562

Phase 1: Card Selection and Final Advisory Board [$0.00]

Phase 2: Illustration & Designs [$2,000]

Contains cost to contract our graphic designer to design all 55 card designs and the collectible pack art for “NFTCG: A Lunar Legend”.

Phase 3: NFTC Chip Manufacturing, Calibrating, and EIP-5791 Creation [$32,562]

- Cost per Encoded NFTC chipped card: $5.43 * 6000 cards = $32,562

Phase 4: Booster Pack Manufacturing and Packing [$2,000]

Encaptures cost to manufacture 1,000 pack arts for the collection, as well as the labor costs for our manufacturing team to organize and pack each of the 1,000 collectible packs.

Phase 5: Website Developments, Metamask/Crypto Integration, NFT Contract Deployment, and Launch [$4,000]

Entails:

- A Metamask payment system that identifies whether a customer is eligible for any discounts based on the nesting status of any Moonbirds in their wallet.

- Website images, artwork, and widgets will be customized to highlight the upcoming release.

- The contract and deployment for the digital “NFTCG: A Lunar Legend” packs that will be received upon mint

- The contract and deployment of the digital “NFTCG: A Lunar Legend” cards tied to each PBT chipped card.

0 votes

0%

0 votes

0%

0 votes

0%