Jot Art

Ngawie
5 min readMay 16, 2023

--

Jot Art is creating a player-owned economy where players can own, buy, sell, and trade resources

Jot Art is a mixed reality (XR) metaverse powered by AI and a community owned economy. The Jot Art API & SDK enables content creators to generate visual arts images using a generative adversarial network (GAN) and mark them as a non-fungible token (NFT) on Ego DEX. Metaverse offers a play-to-earn (P2E) experience where gamers earn tokens by playing games, and in-game items are represented by NFTs. The Jot Art ecosystem generates revenue from in-game asset sales, land sales, breeding fees and market fees. JOT is the primary currency used to acquire assets from the Jot Art marketplace and governance tokens. The ecosystem operates on a Game-as-a-Service model and supports TRON, BNB Chain, and Lithosphere, with platforms including mobile (iOS & Android), web/desktop, and consoles.

Jot Art’s mission is to create a player-owned economy where players can own, buy, sell, and trade the resources they acquire in-game through skilled gameplay and contributions to the ecosystem. The Metaverse is comprised of varied game experiences, with some games having players compete against each other using complex strategies and tactics to reach the top of the rankings or be rewarded with coveted resources. Other games require the player to complete missions, defeat bosses and unlock deep storylines.

USEFUL FEATURES OF JOT ART

JOT ART is a great example of the benefits of blockchain technology, as it aims to make the real estate market more transparent, efficient and accessible to everyone. You can read more about the project platform here, please contact their team at the link below.

The Finesse game series is on BNB Chain and TRON for now & will be ported to the Lithosphere mainnet at a later date to achieve seamless cross-chain gameplay.

The Jot Art API & SDK will allow creators to combine their skills with AI algorithms leading to amazing art onchains. With Jot Art, content creators can apply a generative adversarial network (GAN) to generate visual art images, and then mark them as non-fungible tokens (NFT) that can be traded on the upcoming Ego DEX.

Metaverse Jot Art offers users the chance to buy, battle, and earn additional tokens and collectibles that can be exchanged for cash on multiple exchanges. In-game items are represented by NFTs, which users can buy, sell, and trade. As more games are released, characters in the Jot Art metaverse will be playable throughout the game with the ability to acquire, stake, or sell all owned characters and most in-game objects.

The ecosystem uses blockchain technology to record ownership of tokens and allows owners to transfer, sell and use them without restrictions. Three different blockchain protocols are integrated into the Jot Art game stack: TRC20, LEP100 at $JOT; TRC721, ERC-1155, ERC721, BEP721 and LEP100 for digital asset storage and trading. Metaverse Jot Art supports NFTs from XRPL and Binance Smart Chain (BSC), with plans to implement support for additional chains after the Lithosphere mainnet launches.

The Jot Art ecosystem is backed by the JOT token, the native token of the metaverse, which is also used for governance of the Jot Art DAO. The ecosystem generates revenue from the sale of in-game assets, land sales, breeding fees and market fees. In the future, the ecosystem will introduce new features, such as fees for leveling up game characters, playing in tournaments, and creating new assets. Some of the Jot Art metaverse NFTs will be for sale, while others will be free to collect via occasional airdrops.

Traditional game

- No income, only expenses

- Centralized

- Time and money are lost when a gamer starts playing a new game with no way to recoup the loss

- In-game currency and points are limited to individual games

- Annoying Ads, monetization strategies.

Art of Jot (JOT)

- Cross chain gameplay

- Allows users the opportunity to Create, Play, Own & Earn on multiple networks.

- Ability to move collectibles and tokens across games & networks

- Driven by DAO

- Hold sensors

- Ad-free gaming experience.

Attractiveness:

⭐️ Raised $6.5 million in a private equity round.

⭐️ Game preview released on web and android.

⭐️ A dozen partnerships built with major industry players. .

⭐️ The smart contract for the in-game NFT creation process and the game utility token is complete.

⭐️ 115k followers on Twitter, Telegram, Facebook, Discord and more.

⭐️ Full game ready to launch in November 2022.

𝓙JOT Tokenomics:

Max Supply: 𝓙1,500,000,000

Initial Supply: 𝓙75,000,000 (5%)

Market Capitalization — $3,750,000

Token Price

Public List: $0.05

VestingA detailed vesting schedule

👉Private Spin + Public Spin + Launchpad — 5%

👉Liquidity + Ecosystem Funds — 20.07%

👉 Ecosystem Incentive namely Staking — 24.19%

👉Play to Earn — 20.62%

👉Partners & Advisors — 5%

👉Team — 25%

𝓙JOT — JOT is a manageable, selectable and staking BEP20 token for the Jot Art metaverse with a maximum supply of 1.5 billion. All standard contracts are imported from OpenZeppelin. No core Smart Contract functionality has been changed. JOT holders will be able to claim rewards if they stake their tokens, pay for internal services in all Jot Art games, and participate in key governance votes. Players can also earn 𝓙JOT as they play games within the Jot Art metaverse and through user-generated content initiatives.

CONCLUSION

JotArt is a great project and highly recommended for game lovers, an interesting development in the world of blockchain-based games that allows players to earn real value, Metaverse provides a player-owned economy, a community-based market, and a variety of experience games that allow players to compete against each other using strategies and complex tactics. The integration of AI and blockchain technology is the future of gaming, and JotArt is paving the way for it. So, hurry up and join this amazing project

For more information:

WEBSITEhttps://jot.art/

TELEGRAMhttps://t.me/jotartcommunity

TWITTERhttps://twitter.com/jotarts

WHITEPAPERhttps://docs.google.com/document/d/1dbc2QemIowz3yJ-HXb26S14veSHWeHhQs5OVRaFR-W8/edit#

Forum Username: Ngawie

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3166180

--

--