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RE: Gaming Revolution: Mobile Games Earn Players Money - Play to Earn #64

in Hive Gaming3 years ago

Sorry, I didn't see your response. I actually wrote quite a bit on my own blog about B20 and Beeple. Here's a link to the search option for B20 on my blog: https://www.playtoearn.online/?s=b20

If you're too lazy, here's a summary :)

Metapurse is sharing ownership over their $2.2 million Beeple art collection and the virtual museums where they show the art through the B20 token. A total of 1.6 million tokens sold for 36 cents a piece, which is 16 percent of the total supply.

The entire project has a value of 2.7 million dollars, according to the tokenomics of the project. Metapurse will keep 59 percent of the tokens, while 11 percent goes to collaborators like Metacast, GrowYourBase and Voxel Architects. Eight percent sold in a private sale, four percent goes to stakeholders and two percent will go to Beeple.

Metapurse allows someone to buyout the entire collection. Buyers can do this by getting 100 percent ownership over the B20 tokens, and therefore the collection and all the museums. The smart contract allows minimum bids starting from 12 to 15 million dollars, offered in DAI. Once someone placed a bid, it lasts for fourteen days. Every time there’s been a higher bid, the auction is extended by one more day. Token holders have the option the veto a buyout, which requires a 25 percent vote. The B20 Beeple Collection is an unique project to share ownership over digital art with a larger community.