You may have seen some hype building around for a project called Space Marmots. This is going to be the introduction post to what Space Marmots is, and largely is the White Paper laid out. Full disclosure, Space Marmots is a project designed and developed by Ryan Jerome and an exceptionally talented artist friend of his, Drew Beausoleil. I am also assisting his team with some technical consulting and making sure that the project is as decentralized and robust as possible, without compromise. Because of this potential conflict of interest I am offering any of the other serious marmot NFT projects a guest post on The Chia Plot to introduce their project in the same way. The Marmotverse project strongly believes that the Chia NFT space has more potential than possible projects right now, and we welcome all brethren. We know there is at least one other serious Marmot based NFT project right now, and we think they are also going to be great.

With all that said, the following is the Space Marmots whitepaper that we have developed and will be available on the website shortly. It goes over the project’s high-level plans in detail. Please pay special attention to the donation section for the Marmot Recovery Foundation. We believe that the Marmot theme on Chia is only excellent as long as it continues to benefit real life marmots, and we will be baking that goal into this project and every other. For the most up to date information follow the project Twitter account and join the Marmotverse Discord server.

INTRODUCTION

The Marmotverse On-Chain Non-Fungible Token (NFT) project will be the premiere Art project and exclusive NFT-ownership club on the Chia blockchain. Instead of storing NFT files on unsecured and centralized Web 2.0 storage, or leveraging a competing blockchain, we will be storing our assets directly on the Chia blockchain for maximum longevity and reliability.

The first Marmotverse NFT series will be Space Marmots. The Space Marmots NFT minting event will encompass 2100 provably unique Marmots. There will be a presale for each round announced to Marmotverse subscribers. The presale will be in the form of Chia Asset Tokens (CAT) that will be directly exchangeable for guaranteed Marmot NFT mints after the launch of the Chia NFT gallery(-ies).

Right now we are, and will continue to work with all the NFT galleries that are prepared to display and sell NFTs on the Chia Blockchain and the Space Marmots project intends to launch on the first day possible.

You can keep track of the upcoming launch dates of the various Chia NFT galleries in development by following the official channels of Chia Network Inc. The Marmotverse will also provide you with updates and instructions as soon as the partner gallery(-ies) go live.  

The breakdown of Space Marmots available for mint is:

• 2000 Regular Edition Marmots. Divided into Common (1600), Uncommon (350) and Rare (50)
• 30 Limited Edition Marmots. with completely unique attributes.
• 70 Special Release Marmots. To be announced after the presale rounds are complete.

PRODUCT

Space Marmots will be the first set in the Marmotverse. Each Space Marmot will be randomly generated from a base Marmot and a set of attributes and accessories that make that Marmot unique. That unique Marmot will then be encoded with a serial number and converted into a Base64 data string and embedded directly onto the Chia Blockchain. This will make each Space Marmot as permanent as Chia itself with no additional centralized requirements to see your Marmot.

Space Marmots is going to be released in stages. The first three stages will be a presale of 100 Space Marmot Premium (SM1) tokens on the Chia decentralized exchange Offerbin.io (https://offerbin.io). This first presale will be for 2.3 XCH per SM1 token. The first offerings will be sent to the members of the Space Marmots mailing list before they are made public. These offerings will be the lowest priced Space Marmots made available.

The SM1 tokens will also grant the holders the right to mint their Marmot themselves, setting the royalty reward address to any address of their choosing. After completion of  the three presale periods the remainder of the mints will be opened on the partner gallery(-ies) with the royalty address set to the Marmotverse.

As the Marmotverse can only exist because of the Marmots, the Space Marmot project, and all subsequent Marmotverse NFT mints, will be donating 10% of all minting revenue to the Marmot Recovery Foundation at Marmots.org. This will be done in Canadian Dollars based on the amount exchanged and the exchange rate at the time of donation. Donations will be made in coordination with the Marmot Recovery Foundation after the sale period is complete.

PROTOTYPES

Space Pope Marmot Supreme

Astronaut Marmot accessory

Lightsaber Accessory

CONCLUSION

Space Marmots will be a fully decentralized, high-quality Marmot based NFT that will exist as long as the Chia Blockchain does. They will be sold at low prices during the pre-sale period with final pricing set once the rest of the Chia NFT Gallery infrastructure has been released.