Life Beyond introduces a new NFT, the Founder Watch, replacing Founder Keys. Learn how to swap yours and the implications for the $DOLOS token launch.
Eliza Crichton-Stuart
Head of Operations
In a significant update for Life Beyond NFT holders, the game's developers have announced the transition from Founder Keys to a new NFT, the Founder Watch. This change, aimed at streamlining the NFT ecosystem, requires current holders of Founder Keys to convert them into Founder Watches to maintain their utility within the game. Here's what you need to know about this update and its implications for NFT holders.
Darewise Entertainment is a subsidiary of Animoca Brands, spearheaded by industry veterans including Benjamin Charbit, Marc Albinet, Christian Bravery, Samuel Kahn, and Vincent Marty. Life Beyond is a unique web3 game where players engage in building a new civilization on Planet Dolos. Fueled by a player-driven tokenized economy, Life Beyond empowers player-citizens to shape their destinies within a complex and layered society, adhering to the principles of ownership and interoperability.
The team has recently announced a handful of large IP integrations within the blockchain game, including a partnership with Honda, the Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and battery-powered equipment. Another notable collaboration is a recent partnership with DFZ Labs, the creators of the well-known NFT brand Deadfellaz.Â
Life Beyond's transition to the Founder Watch revolves around a move from the ERC1155 standard to ERC721 for its Founder NFTs. This shift promises greater efficiency and clarity within the NFT ecosystem. To facilitate this transition, the Life Beyond team has provided a mint and burn page on their website, allowing users to seamlessly exchange their Founder Keys for the new Founder Watches. Notably, this process is available on the Polygon blockchain, ensuring minimal transaction costs for users.
Founder Watches, like their predecessors, boast uniqueness, with each NFT bearing a distinct engraved number. However, failure to exchange Founder Keys before the undisclosed cutoff point will render them obsolete, serving solely as potential collector's items. Furthermore, holders of Founder Watches stand to benefit from rewards upon the launch of the $DOLOS token, underscoring the importance of making the switch sooner rather than later.
The distinction between ERC721 and ERC1155 standards lies primarily in their functionalities. While ERC721 is renowned for its ability to create completely unique NFTs and track their transaction history, ERC1155 offers advantages such as bulk transfers and support for semi-fungible tokens. How this transition will enhance the Founder's NFT experience remains to be seen, but the Life Beyond team assures users of forthcoming updates.
For those unfamiliar with Life Beyond, it is a free-to-play, play-and-earn MMORPG set on the Dolos Planet, an alien world teeming with hostile wildlife. Players engage in solo or group missions to clear land, contributing to the game's evolving narrative and community-driven goals. With regular development updates and sneak peeks available on their Discord chat, Life Beyond promises an immersive gaming experience for players of all backgrounds.
As Life Beyond enthusiasts navigate this NFT transition, the game continues to evolve, offering exciting opportunities for exploration and collaboration. This update marks a pivotal moment in the evolution of Life Beyond, emphasizing the importance of adaptability and community engagement in the ever-expanding realm of gaming and blockchain technology.Â
To learn more about Life Beyond, visit their website, follow them on Twitter, and join their Discord.
updated:
March 27th 2024
posted:
March 27th 2024