What Is ASTRALS ?
ASTRALS is a collection of 10,000 metaverse-ready 3D avatars by a world-renowned artist, Damien Guimoneau. These beautiful pieces of art are randomly generated by over 150 handcrafted traits and 16 unique races each with their own immersive lore by grand lore masters, Lee Gingold and Shaman8.
There are two pillars to ASTRALS Coin: A) a decentralized autonomous organization (DAO) for incubating innovative projects and B) a story-driven, play-to-earn role-playing game. They are partnered with Solana Labs for the development of minting website and with MEKKA LAB to build next-gen staking platform for the distribution of governance token, $GLXY, as well as the DAO framework for project incubation.
Important Points Table Of ASTRALS
| Basic | Points |
|---|---|
| Coin Name | ASTRALS |
| Short Name | N/A |
| Circulating Supply | 300,000,000.00 GLXY |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the Continental & Trade On Exchange?
What the Team Owns
The team at ASTRALS, LLC (Nevada, USA) will be the legal entity that represents the ’ Galaxy DAO in the real world, and it owns the name and Intellectual Property involved in the NFT Project. All rights that are not specifically granted to the users and owners of below are reserved by ASTRALS, LLC.
This includes but is not limited to the intellectual property rights surrounding the images, names, logos, 3D layer files, trademarks, the website, the ability to mint 3D or other versions of ASTRALS, the look and feel of the user interface, the smart contract code, or anything else not specifically granted by any following licenses.
What the Community Owns
Anyone who connect their Solana wallet and mints an NFT with smart contract will have purchased an ASTRALS NFT. With this NFT, they can show it off, use it as their pfp, and even merchandise it up to $100,000 through the sale of physical merchandise or using their full NFT in a piece of art that they create. Should they approach that number or expect to go beyond it, they should contact the team to discuss a licensing deal for anything beyond that amount.
No Guarantees or Future Promises
ASTRALS Coin, LLC hopes to put out more content and create things in the future that holders can all be proud of and have outlined many of intentions as such. However, the landscape around DAOs and various other things they are hoping to do is shifting and legally gray in many ways. When an individual purchases an NFT, they agree that their purchase from the initial launch of NFTs is all they are guaranteed to receive in exchange for your funds.
Whether through primary or secondary channels, the art is what they receive. Any future benefits are ancillary to this purchase and not to be taken into consideration with their initial purchase. They agree that they are not relying on any future commitments by ASTRALS, LLC beyond the community treasury of 6500 SOL and 1.5 million USDC, a staking platform for token distribution, and an online platform for the DAO (assuming sell out and a successful private funding round) in participating in NFT launch.
Not Intended as Investments
ASTRALS are meant to be a fun Non-Fungible Token for individuals to collect. They are not meant as investment vehicles. They make absolutely no promise or guarantee that these NFTs will be worth anything more than what the market deem the art to be worth. This could very well be zero. They give the community our word that will try to build a community and bring as much intangible value and vibes to the project as can! Individuals understand that these NFTs have no inherent monetary value, and they should be treated as nothing more than a collectible with potential future value or lack thereof.
Taxes
ASTRALS NFT holders are responsible for any tax liability which may arise from minting or reselling their. Holders are also responsible for any tax liability which may arise from the GLXY that is earned by staking their NFT, including any taxation that may arise from a change in its valuation on the secondary market.
Children
The ASTRALS Coin project is not targeted towards children. Individuals who mint an NFT agree that they are over the age of 18 or above the legal age of their jurisdiction, whichever is greater.
Market Research
NFTs
The NFT market topped $40 billion dollars in 2021, with the most expensive NFT selling for nearly $532 million. OpenSea receives over one million individuals in traffic every single day, and we are only at the beginning of an emerging market.
Metaverse
The market cap of metaverse tokens in January 6, 2022 was $34.7 billion dollars. Epic games raised $1 billion dollars for metaverse, Meta (formerly Facebook) invested $10 billion dollars in their metaverse, and Microsoft’s contract for mixed reality was valued at $22 billion dollars. The global metaverse market is expected to expand at a 41.7% compound annual growth rate from 2021 to 2030.
