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tokenfox
@tokenfox.eth
Tuesday's on-chain artwork: Mythics of the Multichain by @monkmatto This is *not* your regular omnichain NFT. Instead, each chain contains has its own set of 64 mythics in unique, per-chain colors With more experimental features 🧵
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tokenfox
@tokenfox.eth
1/ In the era of collections that can be transferred between chains, mythics is different. Each chain works independently, has its own mechanics. So if you acquire a Mythic in Ethereum, its a different than a Mythic say in Blast
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tokenfox
@tokenfox.eth
2/ Every mythic passively generates points that are exchangeable for their own $MYTH token. Afaik tokens are not interchangeable so $MYTH in Ethereum is different than $MYTH on Blast
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tokenfox
@tokenfox.eth
3/ Additional each mythic possesses the ability to mint magic mirrors in exchange to a small minting fee. Magic mirrors are on-chain artworks that display number of tokens in its owners wallet.
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tokenfox
@tokenfox.eth
4/ By default magic mirrors display balance of $MYTH in its owners wallet. But they can be configured to display balance of any ERC-20 tokens. As a demonstration we minted one magic mirror to display balance of Avastars Replicant Tokens ($ART)
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tokenfox
@tokenfox.eth
5/ There is also a separate treasury mechanic that allows owners of $MYTH to exchange their tokens to portion of ETH in treasury where proceeds from myth/mirror sales go.
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