If you’re blockchain-savvy, you know about minting — it’s the process leading to the birth of a token on the blockchain, be it standard or non-fungible.
So, when we’re talking about Moovy, what does the shiny new digi-vehicle minting process look like?
Two existing Moovy NFTs, otherwise known as the Parents, will come together to forge a Container. This iron-clad cuboid of a Container has a quality that is determined by its parents. The type of vehicle it harbours inside will depend on its quality. In other words — the higher the quality of the Container, the rarer the vehicle within.
This ‘breeding’ event of sorts is referred to as a Transport Minting Event, or TME for short. It’s the process of generating new transport in-game and minting the respective NFT on the blockchain.
But before you go minting-mad, remember that each transport NFT may only perform a maximum of 7 TMEs over its lifetime at a maximum frequency of once per 24 hours. Indeed, the higher the number of TMEs left in an NFT, the higher its price in $MOIL — Moovy’s native token. Therefore, by initiating a mint, you are reducing the value of your existing NFT.
Moreover, each TME comes at a price in $MOIL.
Now the question is posed — what’s the point of minting in the first place?
In short, your earning potential goes up. As many of you are aware, the main task of the Moovy player is to earn while driving. There are several characteristics that determine a vehicle’s earning potential, one of which being its rarity. The best way to attain a rarer vehicle is by minting a new one, which is the main reason to use your existing NFTs in a TME.
Also, don’t forget about the BBPlace marketplace — you can think of it as a container port where trades in $MOIL are taking place. There, you’ll be able to buy and sell brand new NFT vehicles of varying rarities, including those that have just been minted! The platform itself, as Moovy’s official NFT marketplace, ensures a high level of security, usability and speed.
So, what are you waiting for? Get minting!
