Uber Capital launches Omni Pets: NFTs on OMChain
Uber Capital launches Omni Pets: NFTs on OMChain
Blockchain

Uber Capital launches Omni Pets: NFTs on OMChain

By Alfredo de Candia - 10 Aug 2020

Chevron down
Listen this article
download

As announced a couple of days ago by the OMC Goup team, NFTs (Non Fungible Tokens) will soon arrive and will be usable on the OMChain blockchain, also thanks to the Omni Pets game.

These NFTs are based on the ERC-721 standard, which means that a series of instructions determine their uniqueness via an ID. These tokens, renamed Omni Pets, will be released by the company every week in batches of 200, generated randomly on the spot as there will be no pre-mining. Each NFT will have different characteristics.

These tokens can also be named by users, at first free of charge but paying a network fee, to avoid clogging the blockchain as it could trigger a loop of transactions aimed at changing the name of the NFT.

The fee system has been set up so as not to send the network offline.

These Omni Pets can be purchased through the currency of the game, called gold coin, which is a sort of stablecoin since it’s pegged 1 to 1 with the US dollar. 

They can always be exchanged within the game with other users. The company promises that the game will also be integrated on Facebook in the future. 

The minimum investment to buy Omni Pets is 100 gold coins, so 100 dollars.

Omni Pets: not full-fledged NFTs

The company has wisely chosen the ERC-721 standard, but these run on the OMChain 2.0 network, which is nothing more than a consortium blockchain.

In fact, this is not a real blockchain but a system to manage the internal data: in fact, these NFTs can only be used on OMChain.

So, while we are talking about NFTs, we are not talking about unique tokens, since the information inside can be modified or blocked, considering that the system is centralized.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.