White Paper: LUNC Grand Prix NFT's
The LUNC Grand Prix NFTs are a revolutionary series of non-fungible tokens (NFTs) built on the Terra Luna Classic (LUNC) blockchain, merging the exhilarating world of motorsports with cutting-edge blockchain technology. This white paper outlines the purpose, functionality, and vision behind the LUNC Grand Prix NFTs, detailing their unique features, benefits, and the roadmap for their development and deployment.
Introduction
Background
NFTs have transformed digital ownership, enabling verifiable ownership of unique digital assets. The LUNC Grand Prix NFTs capitalize on this innovation, offering motorsport enthusiasts and collectors a novel way to engage with their passion. By leveraging the secure and efficient LUNC blockchain, these NFTs ensure authenticity, scarcity, and transparency.
Purpose
The LUNC Grand Prix NFTs aim to create an immersive and interactive ecosystem where fans can own, trade, and showcase digital representations of motorsport memorabilia, from race cars to drivers and iconic moments. This project aspires to enhance fan engagement, create new revenue streams for stakeholders, and promote the Terra Luna Classic ecosystem.
Developed by LUNC Market Team
This project has been developed by the LUNC Market Team, a dedicated group of professionals committed to creating innovative solutions in the blockchain space. Their expertise and passion drive the LUNC Grand Prix NFTs towards excellence and sustainability.
Technical Overview
Blockchain Platform
The LUNC Grand Prix NFTs are built on the Terra Luna Classic blockchain, known for its high performance, low transaction costs, and robust security features. Utilizing the LUNC blockchain ensures that each NFT is immutable, easily transferable, and verifiable.
NFT Structure
Each NFT in the LUNC Grand Prix series is a unique digital asset with metadata that includes:
Ownership details: Current and previous owners
Attributes: Specifications of the race car, driver statistics, race event details
Visuals: High-quality 3D Models and Images
Smart Contract: Automated execution of transactions and compliance with predefined rules
Features and Benefits
Unique Collectibles
LUNC Grand Prix NFTs offer unique digital collectibles that represent different aspects of motorsport:
Race Cars: Detailed 3D models of iconic race cars from 1920 up to today, spanning diverse categories.
Drivers: Profiles and achievements of famous drivers
Moments: Historic race events and milestones
Provenance and Authenticity
Each NFT is minted on the LUNC blockchain, providing an immutable record of ownership and provenance, which assures collectors of the authenticity and uniqueness of their assets.
Interactivity
Owners of LUNC Grand Prix NFTs can experience interactive features such as:
Virtual Tours: Explore 3D models of race cars and tracks
Augmented Reality: View and interact with their NFTs in real-world environments
Community and Engagement
The project fosters a vibrant community through:
Exclusive Access: Owners gain access to special events, content, and rewards
Voting Rights: Participation in decisions regarding future NFT releases and project developments
Social Features: Integration with social platforms to showcase collections and achievements
Financial Opportunities
LUNC Grand Prix NFTs provide financial benefits through:
Trading: Easy buying, selling, and trading on NFT marketplaces
Staking: Potential to earn rewards by staking LUNC tokens
NFT Details
Total NFTs and Models
There are a total of 1110 NFTs, derived from 53 distinct models. Each model has been meticulously selected, representing a diverse range of cars from 1920 to the present across various categories. All NFTs have the same driving level, ensuring a fair and balanced competition.
Pricing and Trading
Each NFT costs 125,000 LUNC and will only be traded in the LUNC coin. By community vote, other coins may be added, provided they are part of the LUNC blockchain.
Revenue Distribution
The revenue from NFT sales is allocated as follows:
60% to the admin wallet for game development and LUNC Market website costs
30% to the team as compensation for their work
10% to Big Bang X tax
Game Development
Multiplayer and Training Modes
A game will be developed with both multiplayer and training modes, single or tournament with many races , aiming for 100% self-sufficiency. To participate in multiplayer mode, players will pay an amount of LUNC, distributed as follows:
90% of the total collected LUNC is paid out to players
10% is taxed for administration
None NFT Holders will pay from 20% up to 50% tax to be able to race.
-90% of the total collected LUNC is paid out all NFT Holders
10% is taxed for administration
Payout Structure
From the 90% player payout:
1st place: 50%
2nd place: 35%
3rd place: 15%
10% administration tax
To enhance performance, there will be various add-ons available in the game, including:
Pilots
Tires
Motors
Suspension
Aerodynamics
These add-ons will allow players to improve their cars and gain a competitive edge in the game.
Roadmap
Phase 1: Concept Development and Initial Release
Q2 2024: Conceptualization and design of initial NFT series ✅
Q2 2024: Development of smart contracts and minting of first NFTs ✅
Q2 2024: Launch of the LUNC Grand Prix NFT platform and marketplace ✅
Phase 2: Expansion and Community Building
{date unknown}
-Community engagement initiatives and partnerships with Motorsport entities
-Release from Game test Mode
-Official Game Release
-Integration with augmented reality and virtual tours
Phase 3: Maturity and Ecosystem Development
-{Date Unknown}
-Full ecosystem integration with staking and governance features
-Continuous expansion of NFT offerings, global marketing campaigns, and further technological enhancements
Conclusion
The LUNC Grand Prix NFTs represent a pioneering fusion of motorsports and blockchain technology, offering enthusiasts a new dimension of engagement and ownership. Through innovative features, robust technology, and a clear roadmap, this project is set to revolutionize the motorsport memorabilia market and create lasting value for all participants.
Contract Information
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For more information, please visit Lunc Market Website (in Development) or contact our team in Lunc Market Telegramm Group
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