Article Summary, Automatically Generated By AI
Summary
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Project Overview:
Non-Playable Coin (NPC) is a meme coin and NFT-hybrid for all 8+ billion humans on Earth. -
Unique Feature:
ERC20 token with a supply equal to the total human population (as of July 26, 2023), convertible to an NFT at a 1:1 rate. -
Meme Fungible Token (MFT):
Links two liquidity markets, allowing users to own a “part of the culture” as NFTs. -
History:
Started by exploring NFT AMMs and realizing the potential of ERC1155s; aims to scale communities and unlock liquidity. - <
About Non-Playable Tokens (NFTs)
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What is the project about? Introducing Non-Playable Coin (NPC), a pioneering meme coin and NFT hybrid designed to unite all 8 billion humans on Earth. Embracing the spirit of the original meme, our motto proudly declares, “I support the current coin,” a nod to the viral sensation that swept the internet in 2018.
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What sets our project apart? Inspired by the non-playable character meme, NPC takes the joke to the next level by creating an ERC20 token with a supply equivalent to the total human population as recorded on July 26, 2023. Each token boasts a 1:1 convertibility into a unique NFT, effectively merging the worlds of decentralized finance and digital art. This innovative token, complete with JPEG metadata, seamlessly bridges the gap between decentralized exchanges like Uniswap (as an ERC20) and NFT marketplaces (as an ERC1155).
At its core, the Non-Playable Coin (NPC) project is a pioneering endeavour that converges the realms of meme coins and NFTs, with a bold vision to unite all 8 billion humans on Earth. The mantra “I support the current coin” serves as a nostalgic nod to the viral meme that initially gained widespread popularity in 2018.
What sets your project apart? Drawing inspiration from the non-playable character meme, NPC cleverly leans into the joke by introducing an ERC20 token with a supply equivalent to the total human population as recorded on July 26, 2023. Notably, each token is convertible into a unique NFT at a 1:1 ratio, effectively creating a hybrid token that seamlessly blends the benefits of both worlds. This innovative design enables the token to be traded on decentralized exchanges like Uniswap as an ERC20, while also being compatible with NFT marketplaces as an ERC1155, complete with JPEG metadata.
This innovative design—a hybrid NFT that doubles as an ERC20 token—gives rise to a novel concept: the meme fungible token (MFT). A pioneering example, Non-Playable Coin (NPC), bridges the gap between two previously disconnected liquidity markets, while democratizing access to cultural ownership through NFTs.
On the home page, users have the flexibility to toggle between the two formats via the dApp, allowing them to seamlessly “respawn” as a unique NFT or “transform” into a meme coin. Notably, the most liquid and trade-friendly format is as an ERC20 token.
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The genesis of our project lies in experimenting with NFT AMMs, such as Sudoswap, which led to the realization that the potential of ERC1155s remained largely untapped. Furthermore, we observed that the 10,000+ pfp NFT collection had reached an impasse, hindered by exclusivity and exorbitant gas costs. Our project aims to demonstrate the feasibility of scaling communities to millions using the ERC1155 standard, and to unlock liquidity for these tokens by rendering them fungible as ERC20s.
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Looking ahead, our project is poised to introduce a built-in customization tool, enabling users to accessorize their NPCs and export their creations for use as profile photos. Moreover, we are developing new infrastructure to seamlessly connect the liquidity of ERC20 tokens with ERC1155 tokens, with NPC serving as the flagship showcase.
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At its essence, our token is a lighthearted, entertainment-focused meme coin, devoid of utility, and intended solely for amusement purposes.
The genesis of our project dates back to our experimentation with NFT AMMs, such as Sudoswap, which led us to realize the untapped potential of ERC1155s in exploring novel avenues. Furthermore, we observed that the 10,000+ pfp NFT collection had reached an impasse, hindered by the constraints of exclusivity and exorbitant gas costs. Our project aims to demonstrate the feasibility of scaling communities to millions by leveraging the ERC1155 standard, and to unlock liquidity for these tokens by rendering them fungible as ERC20s.
What’s next for your project? In the near future, users will be empowered to personalize their NPCs using an integrated customization tool, allowing them to export their creations for use as profile pictures. Furthermore, we are actively developing new supporting infrastructure to seamlessly bridge the liquidity of ERC20 tokens with ERC1155 tokens, with NPC serving as the flagship demonstration.
What are the potential applications of your token? Fundamentally, it is a lighthearted, novelty cryptocurrency devoid of practical utility, existing solely for recreational purposes.