Digital Assets
Learn about the digital asset component to the ecosystem
Digital assets, whether fungible or non-fungible, form the foundation of our ecosystem, infusing it with vitality, ownership, and immersive engagement.
Fungible Assets: Fuelling the Exchange
Fungible assets, like the SRS token, serve as the primary means of participation within the Sirius Sync ecosystem. However, the concept extends beyond SRS. Other fungible assets, such as in-game resources or custom in-game currencies, will also be present. Additionally, developers have the freedom to create their own tokens, tailored to their micro-ecosystems within Sirius Sync. Think of fungible tokens as the universal currency, seamlessly exchanged for goods and services.
Non-Fungible Assets: Uniqueness Unleashed
Non-fungible assets possess distinct characteristics and cannot be traded on a one-to-one basis. These assets can represent exclusive artwork in-game item collections owned by user and tradable among the community. This not only adds value to the ecosystem but also generates additional revenue for developers through royalties. Imagine owning a rare, one-of-a-kind skin in a gameβa truly unique and irreplaceable asset.
The Perfect Blend
In the Sirius Sync ecosystem, we harness the power of both fungible and non-fungible tokens to create a dynamic and captivating experience. While not all elements of the monetization need to be on-chain, those that are introduce elements of scarcity, value, and excitement to the social environment, enhancing the overall user experience.
Last updated