Talecraft Offering an Alternative to NFT Minting with its Crafting Technology

Another reason is that after a while, projects lose their hype and people start to abandon their investments either in a panic or on purpose. This is popular with a lot of the NFT projects that have been launched in recent months. They slowly die out and a lot of investors are left bag-holding. However, one NFT project that is looking at doing things differently, evading these very popular problems, and generally outlasting every other NFT project out there is Talecraft. 

Talecraft 

TaleCraft is an NFT gaming project on Avalanche blockchain. Talecraft allows its users to play games with NFTs that are obtained with tokens and they can advance to higher levels by improving on their craft. To encourage people to be more active and involved in the project, rewards are distributed to NFT holders on the platform. 

This is a card game where users can mint NFTs by making different crafts using four main elements in cards and they can sell these cards on the marketplace. The cards contain four elements in the Alchemist Chests and they will be sold weekly. What this means is that the cards are limited and they have a deflationary structure.

Alchemist Chests

The Alchemist's chest is a system on Talecraft where four main elements are sold each week. These elements are air, water, earth and fire and a player needs these four to mint cards in Talecraft.

This system is a chest opening system where 10,000 units are put on sale every week. The maximum purchase right a user has is 200 Chests and these Alchemist Chests are purchased with 10 $CRAFT (Talecraft token) + a 0.1 AVAX fee. When a chest is opened, only the four main elements come out of it and in a randomizer structure. 

Of the 10,000 units of Chests, there are, the four elements each claim 2500 units. 

Alchemist Cards

There are initially 150 types of Alchemist cards and these cards have 5 different tiers. The tiers are the iron level, bronze level, silver level, gold level and the philosopher's stone level. A card's level is determined by the rarity and difficulty of the card's production and out of the 150 cards available, only four (the 4 main elements) will be available every week. All of the remaining cards are meant to be crafted by the users. 

Crafting System

The process guiding this system takes place in exchange for cards that are placed on the craft table and some craft fees. The cards to be crafted are placed on the crafting table and after the crafting, a new card is minted as a result. This system has a burn mechanism whereby the cards used for crafting are sent to a burn address. Users can do multiple craftings at the same time and each craft has a different fee and duration depending on the particular tier of the card. 

Competitive Marketing System

Because of the crafting system on Talecraft, the supply of cards will be limited and this will cause users to go to the marketplace for their cards. As a direct result of this, users can set various strategies they want to play the game with and earn profits. For instance, by minting only Bronze level cards, a user can decide to sell it in the marketplace or they can decide to spend more just to have higher tiered cards and become one of the unique holders of the card. Users can then go ahead to demand higher prices for these cards.

Talecraft Artist & Partner Package System

In this system, Talecraft creates NFT collections for partners and platforms where the artists can determine the values of their works. They can also create their art collections by using the crafting system on Talecraft as an alternative to the minting system on other platforms. Talecraft also contributes to the ecosystems of its partners by creating an opportunity for deflation through burning their tokens. 

The cards on Talecraft use the ERC-1155 protocol and the crafting system on the platform can be used within the possibilities provided by this protocol. Talecraft also offers NFT packages designed by Talecraft's graphic design team and a system that is designed as a free market concept with the approval of artists and partners. 

Ultimately, Talecraft is offering an alternative to NFT minting or presale systems with its crafting technology. 

$CRAFT Token

The $CRAFT token is the official native utility token of the Talecraft platform. It has a Total limited supply of 30 million and is not Mintable. Users can get Alchemist Chests with the $CRAFT token each week and they can also trade the token with low fees on Talecraft's upcoming Marketplace. To add to this, crafting fees will be collected with the $CRAFT token.

Allocation 

Roadmap 

Q3 2021

Q4 2021

Q1 2022