Place Founding

To ensure quality and commitment, universe's may create specifications around who can create new places, for example, the owners of specific NFTs, or those who hold a certain stake of $<universe>. This gives incentivized community members the privilege to define the first realms. Founding a place involves staking $<universe> and defining parameters.

Place Token Minting

The founder must deposit $<universe> to initiate a new Place. This stake creates the Place’s Token ($<place>) upon launch, similar to character creation. A new Place Token (ERC-20) is minted to represent ownership and governance of that location.

Place Setup

The founder goes through a creative setup with a DreamNet agent:

Name and Visualize:
Provide a name for the place and upload an image or art that represents it. This NFT image becomes the emblem of the Place.
Token Purchase (Optional):
The founder can choose to buy additional supply of their Place Token at inception (beyond what their $<universe> stake provides via the bonding curve). This allows them to increase their ownership if desired.
Stake Requirements:
Set the minimum stake of Place Tokens required for others to participate as Contributors or as citizen Characters in that place. For example, the founder might require any co-builder to hold at least X $<place>, and any character to hold Y $<place> to “live” there. These requirements ensure participants have skin in the game.
World Fundamentals:
Through a guided chat with the DreamNet agent, outline the fundamentals of the place – its theme, environment, any key rules or narrative hooks. Founders can be as detailed or vague as they like; they might upload lore, maps, or just a high-level concept and let others fill in the details.
Initial Geography:
Answer a few questions to establish broad locations or districts within the place. The founder can even set varying token stakes for different areas (e.g., a capital city might require a higher citizen stake than a frontier).
Rules and Moderation:
Define any overarching rules for the place to which Contributors must adhere. For instance, a sci-fi world might ban magic unless the Contributor group later votes to allow it.
Fee Splits:
Optionally, set future fee splits to share Place Token revenue (from trading fees) with Contributors or even resident characters. A founder might promise, say, 30% of fee revenue to active contributors to incentivize the best builders to join their project.

Once these steps are completed, the Place is minted as an NFT (the founder holds this as proof of ownership) and the Place Token is officially launched with its liquidity pool funded by the staked $<universe>. The world now exists on-chain, ready to be populated and developed.

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Last updated 7 days ago

Place Setup

The founder goes through a creative setup with a DreamNet agent:

Name and Visualize:

Provide a name for the place and upload an image or art that represents it. This NFT image becomes the emblem of the Place.

Token Purchase (Optional):

The founder can choose to buy additional supply of their Place Token at inception (beyond what their $<universe> stake provides via the bonding curve). This allows them to increase their ownership if desired.

Stake Requirements:

Set the minimum stake of Place Tokens required for others to participate as Contributors or as citizen Characters in that place. For example, the founder might require any co-builder to hold at least X $<place>, and any character to hold Y $<place> to “live” there. These requirements ensure participants have skin in the game.

World Fundamentals:

Through a guided chat with the DreamNet agent, outline the fundamentals of the place – its theme, environment, any key rules or narrative hooks. Founders can be as detailed or vague as they like; they might upload lore, maps, or just a high-level concept and let others fill in the details.

Initial Geography:

Answer a few questions to establish broad locations or districts within the place. The founder can even set varying token stakes for different areas (e.g., a capital city might require a higher citizen stake than a frontier).

Rules and Moderation:

Define any overarching rules for the place to which Contributors must adhere. For instance, a sci-fi world might ban magic unless the Contributor group later votes to allow it.

Fee Splits:

Optionally, set future fee splits to share Place Token revenue (from trading fees) with Contributors or even resident characters. A founder might promise, say, 30% of fee revenue to active contributors to incentivize the best builders to join their project.