For the purpose of staying decentralized, Colors On Chain was built without specifying any specific rarity or characteristics. It is a collection of 8,888 distinct yield-revealing NFT colors produced and kept on-chain in perpetuity (art included).
With the tokenId and position in a hex code string (length 6), a random number was chosen from a base 16 number basket to produce a Color hex code for each of the 8,888 colors.
It was featured in CoinMarketCap, Yahoo Finance and Times Square. It is one of a kind project and is considered quite unique bringing a colorful approach to NFT’s.
Colors On Chain was developed without specifying any defined rarity or characteristics to maintain its decentralized nature. One cannot determine what is and is not, valuable.
Each of the 8,888 colors was created randomly on-chain by hashing the token Id and the location in a hex code string(length 6) to choose a random number from a base 16 number basket, resulting in the full-Color hex code.
For many reasons, Colors On Chain has been dubbed “unique” and “the first project of its kind.”
- Colors On Chain lacks a business, art, or staff, it is challenging to oversee creative choices.
- It is an unedited, uncensored building block for tales, experiences, games, and practically anything else, with the only restriction being bound by your creativity
- It is entirely decentralized and has pledged to seek complete decentralization from the start.
It has announced a great reward game for minting the games most difficult and unique color.
The objective of the game is to MINT the game’s most difficult color. The reward awarded will be 88.88 ETH.
The main sale mint will include 8,888 randomly created Genesis Colors written on-chain in perpetuity, with no IPFS or BS. It is sure that collections, including art, should be entirely on-chain, which is why all will be altogether on-chain.
After Genesis concludes, the “Painters” will airdrop one Perfect Red(#FF0000), One Perfect Green(#00FF00), or one Perfect Blue(#0000FF) to the top three Colors holders at the time of the snapshot. These will be necessary to collect the reward.
Color Theory’s additive color mixing is used in breeding to produce new “Baby Colors.” This will need the usage of 500 RGB tokens. Breeding has a tree-like structure, and some hues will need “proof of labour,” i.e., many additive breeding cycles. Let’s get this started! How to be the first to coin #FFFFFF?& how much will it cost to produce?
Each of the 8,888 Genesis Colors has a daily limit of 10 RGB tokens. These RGB tokens may be sold on dex or used to try to mint #FFFFFF first in the breeding game. One should keep in mind that one wins, they will get 88.88 ETH. Only after token #8888 is minted and the Genesis Stage is completed will it go live. Now comes the exciting part which is rewards.
The first person to breed #FFFFFF will get 88.88 ETH. The RGB values of each parental color are added and averaged during breeding. As a result, breeding to the most outstanding value (255) in each of the three color channels will be difficult. On top of that, a final boss has been added to the game: a rounding mistake is needed to reach 255. Only the most degen will take the risk.
One can become a member of the Colors Community by joining the Discord server. The community determines what kind of journey they should go on next. Integration of Colors DAO will soon take place so that everyone has a voice in what happens with the community vault wallet. Which charity is to be supported, who gets to vote on the price of a name change, and so on.