Thursday, October 3, 2019

Szeket NFT Introduction

Szeket is the monetary unit used for transactions within the Gorn State. The guild has chosen the ERC-1155 token standard due to its exceptional security, enabled by blockchain technology. The Szeket token grants specific privileges, rights and ownership to members in the Gorn Hegemony CSC Guild.


Szeket, a store of value within the Gorn Hegemony





Gorn

Szeket ERC-1155 Token


The first use case of the Szeket Token is its clarity providing attributes, which will be utilized to identify token holders on an immutable ledger, known as "Blockchain". Reaching the next hierarchical level within the Gorn Hegemony CSC Guild, means you have the privilege to attain an advanced caste title and be able to become a Gorn Councillor, merely based on your merits and achievements.  In order to be transparent of which member has been promoted, the Gorn Hegemony CSC Guild minted ERC-1155 tokens known as "Szeket". Gorn Councillors will be given an single token during their ascension ceremony as proof of their achievements. Obviously, is the path to become a fully-fledged Gorn Councillor tedious as well as dangerous.


Let's make an example that illustrates an use case of the Szeket token, by imagining the scaly life of Bob, a new initiate of the Gorn Hegemony CSC Guild. Bob started out as casual miner, thus he belonged to the Laborer caste. After several months Bob improved his mining yield through module optimization and mining logistics, basically the techniques he got introduced to during Gorn mining fleets. Module optimization is about having an effective mining build. Mining logistics is the process of maximizing the mining yield of an asteroid belt with planning and smart navigation. Bob generously decided to donate ore resources to the Gorn Hegemony, which was documented by the Council. After several positive deeds by Bob, did the Council make an internal vote to decide if Bob showed enough commitment to be promoted to an advanced caste. Months later Bob realized that he wants to become a Councillor, specifically a Councillor of Commerce, thus he initiated the Trial of Ascension, reachable on our blog. After that, Bob was thrown into the Arena in a 1v1 spaceship battle against a Gorn Councillor and managed to be victorious. Ultimately, Bob passed all the trials and ascended the ladder of the Gorn Hegemony CSC Guild to become a fully-fledged Councillor. He also received a Szeket token on his Ethereum address, which proofs his achievements and Councillor title within the Gorn Hegemony CSC Guild. 




 One Szeket ERC-1155 Token. Particle Characterization Scans indicate that this token is a crystalline alloy, which consists of Topaline, Dilithium and Kemocite. Among Gorn scholars it is rumored that Szeket Tokens were minted in the fiery maw of an interstellar dragon.





Gorn

Szeket Economics

 

The first minted batch of Szeket tokens has a supply of 10 non-fungible tokens. Every single token is backed by 5 Enjin Coins (ENJ), a cryptocurrency. The Szeket token holding address can be viewed on https://enjinx.io/eth/address/0xa015fe2a1947b23ad454e699f8cbbda419671f5e/assets
and https://enjinx.io/eth/asset/56589918/assets

Szeket Token Hodlers can be viewed here https://enjinx.io/eth/asset/56589918/holders 

On Opensea.io, a secondary marketplace for digital assets and collectibles, the token can be found under
https://opensea.io/assets/enjin?query=Szeket

The Whitepaper as PDF can be accessed here https://easyupload.io/1vfcli