Hello Ethereum, Meet Phabric
Where have I been all this time? Making some changes around here!
Introducing Procedural Creative Artwork
I’m excited to announce the launch of my first ERC1155 contract and the PHAB token sale, which is the beginning of fundamentally changing the paradigm of Digital Collectibles and tokeneconomics of the entire Blockchain space.
The power of PHAB is that every token purchase and every token transfer creates unique, procedurally generated artwork in the form of ERC1155 NFTs that are owned by the buyer, sender, and receiver of the PHAB token.
A detailed technical and visionary explanation of PHAB is best discovered on the token website:
PHAB is just the first stage in creating a robust suite of NFT IBC and reinventing the Digital Collectible concept using the new Web 4.0 protocol https://concents.us
Why does it exist?
ETH raised by the sale of PHAB will be used to help see the vision of Web 4.0 becomes reality. Soon, PHAB will exist on EOSIO, WAX, Matic, Polkadot, Cordova and many other chains.
The introduction of this Intial Art Offering (IAO) generates 1000 PHAB for every 1 ETH spent, however this ratio is gonna drop over the coming weeks. PHAB is more than just an ART sale, the PHAB protocol may be used by other token endeavors wishing to create their own IAO.
Assets generated are forever extendable through a variety of procedural artistic expression tools, which will be enabled through a REST API, and PHAB assets will be transferrable between nearly every blockchain in existance!
What does it look like?
Everytime you purchase PHAB with ETH you receive Platinum PHAB, which is the fungible token version, as well as receiving a GOLD Phab NFT uniquely identified with a hash, the value spent, and a PHAB type identifier.
Everytime you transfer Platinum PHAB to another user, you receive a Silver PHAB and the recipient receives a Bronze PHAB. The Silver and Bronze Phabs share a hash and value, but have a different PHAB type identifier.
How do you get it and start creating?
We are currently adding a custom metamask integration to https://phabric.ca to make the process as easy as possible, however saavy early adopters can get started immediately going to https://etherscan.io/address/0x3aabd70bc02bb545055944a42ce8a2eb966b5120#writeContract
Simply fill in these parameters, which are:
- The amount of ETH to spend
- The receipient of the PHAB
- The token id “0”
And sign the transaction with MetaMask
How to you make more art?
Just use OpenSea!
Everytime you transfer Platinum PHAB new, unique NFTs are automatically minted. You can also place a memo in the “data” field of the transaction or change the value sent to influence in the random hash generated for these unique assets.
Stay Phabulous, become a Phabricator
Simply by transferring tokens to each other, anyone can become a vessel of artistic expression! Better yet, the minted NFTs may be sold directly on OpenSea (and we take 0 comission for this!)
Becoming a Phabricator will support a host of Blockchain technologies, including building NFT IBC so that you don’t have to pay the obscene gas costs involved in managing your collections, creating a universal market with FIAT ecommerce onramp and offramp, connecting NFTs to Social Media, and being a direct contributor to Web 4.0, the consenual data network that is also Proof of Influence and Proof of Human
The ball is in your court. The blockchain, machine learning, and consensual micro-rewarded data is converging and changing forever!
Find out more
Be sure to checkout Concents.us to learn more about what Web 4.0 is bringing to the world, and check our socials to stay up to date!
https://t.me/phabricators
https://www.linkedin.com/in/nsrempel/
https://twitter.com/nsrempel
