Land Deed NFTs key features

Ethereum chain NFT collection originally minted (a total of 5000 DeepSpace Land Deeds) on April 7th 2023. designed to feature land property ownership in DeepSpace metaverse which will function as in-game facilities for mining resources. Land Deeds are a significant step forward in Play-to-Earn aspect of the game as this property NFTs were designed as in-game passive income elements.

The NFT plots spread across 7 distinctive in-game planets (Athena, Chaldene, Gelida, Melas, Mitra, Tyranus and Vorvoid) that vary in size and the resource types available on them and around them. While the first step has already been made to enable in-game use of Land Deed NFT-s in a form redesigning the planets to match visuals and coordinate systems (to be deployed in the upcoming Beta 2.0 release) displayed on Land Deed NFTs, the full in-game implementation is planned for future development (I don’t know what’s the ETA for full scale in-game integration).

Land Deed NFT details

Each Land Deed NFT has unique characteristics which not only contribute to its uniqueness as an NFT, but also facilitate in-game performance as income generating asset. You can examine the plot characteristics on the following screenshot:

This is an actual NFT available on OpenSea (at the time of the writing) 

In addition to positional placement, Land Deed NFTs are defined by Resource State, Resource Concentration, Plot Size and Phenomenon present on the plot.

- Distribution on planets: in-game size of planet is the main modifier for this stat (the bigger the planet, the more Land Deed NFT plots it has). There are 7 planets total (Athena, Chaldene, Gelida, Melas, Mitra, Tyranus and Vorvoid) and Land Deed distribution per planet upon mint goes as follows: Chaldene 2%, Mitra 6%, Gelida 8%, Melas 16%, Vorvoid 16%, Athena 20% and Tyranus 32%. If focusing on in-game Play-to-Earn aspect it might be a good idea for users to own Land Deeds concentrated on a few planets as a preventive measure for resource collecting mechanisms which are not yet revealed, but basically, it all depends on type of gameplay you wish to actualize.

- Resource State: types of resources that will be available for production on specific plot. It exists in 5 varieties each one representing a batch of resources: Exotic (resources: Netherite, Xanifarium and Promethium) , Liquid (resources: Seplium, Bedasine), Solid (resources: Iron, Fenna, Netherite, Xanifarium and Promethium) , Hybrid (not sure what resources would belong to this group) and Gas (resource: Hydrogen). Note: I’ve matched resources according to game docs available, not 100% sure if it is a correct alignment. Anyway, it’s a very useful thing to know for planning in-game activities such as Smart NFT ship upgrades and collecting resources for trading on the market (P2E aspect of the game). Distribution of the Resource State per Land Deed NFTs upon mint roughly goes as follows (pretty evenly distributed): Exotic 19%, Liquid 19.2%, Solid 19.4%, Hybrid 21% and Gas 21.2%.

- Resource Concentration: comes in 3 variations (Scarce, Moderate and Abundant). Besides the obvious logic, that Abundant plots would have higher resource production than Moderate ones and that the Moderate plots would have higher resource production than the Scarce ones, the exact model and ratio between resource production is currently unknown (to be determined in future development). The distribution and rarity of Resource Concentrations upon mint of Land Deed NFTs is established as follows:

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- Plot Size: 4 sizes available (Colossal, Grand, Estate and Compact). Each Plot Size consists of a number of elements in it (Colossal 9 elements, Grand 5 elements, Estate 3 elements and Compact 1 element). It is not yet known, but one can assume the number of the elements is most probably closely related to the resources production. You can find the mint distribution of Plot Sizes (in percentage points - which also signifies their rarity) and graphically represented number of elements per plot (number of blueish squares) on screenshot below:

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- Phenomena: 8 types available (Energy Vortex, Storm Rift, Time Dilation Zone, Wormhole Nexus, Singularity Field, Dark Matter Cloud, Quantum Field or no phenomena / None). These are rare traits of the Land Deeds which offer unique gameplay opportunities. The exact details of the Phenomena functionalities are not yet known, but those might theoretically include increased resource production rates, faster resource transport, various space distortions, even the creation of special elements for equipment building. Distribution of Phenomena throughout Land Deed NFTs upon mint goes as follows: Time Dilation Zone 0.26%, Wormhole Nexus 0.64%, Singularity Field 0.64%, Storm Rift 1.26%, Dark Matter Cloud 1.44%, Quantum Field 2.44%, Energy Vortex 3.60% and 89.72% of the Land Deeds do not have any Phenomena, so as you can see these features are rare.

Examples of Land Deed NFTs with different traits and rarities across different planets:

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In-game Land Deed NFT passive income property ownership model and asset value

One of the most significant benefits of Land Deed NFTs is the leasing model planned for future development in which each user will be able to lease owned NFT to another user for compensation paid out in DeepSpace native token $DPS. The Land Deed itself is a in-game resource generating asset which incentivizes players focused on Play-to-Earn segment of the metaverse to lease and pay the rent for the plots as resources mined on the plots can be traded in DeepSpace resource market for $DPS tokens, while it gives the non-playing users the benefit of generating passive income while keeping the ownership of the NFT asset. So, this real estate financial model would benefit both playing and non-playing users.

Land Deed NFT mint was actually a free mint – originally it was not planned to be a free mint, but DeepSpace team altruistically decided to make it a free mint. The following is the quote from the DeepSpace team for such decision:

“This was a hard decision for us, but we felt it best for our holders and the future of our collection. We want to make a good first initial impression to the ETH community. We will drive value for our holders with our planned benefits of holding Deeds.”

Given that it was a free mint, the Land Deed NFT prices on market are low at the time of the writing (ranging from 0,0068 ETH – about $11 up to 0,3 ETH – about $500 for rarer ones – OpenSea and Blur links on the bottom of the post). However, there are not many LandDeed NFTs listed for sale (59 out of 5000 at the time of the writing) for all the reasons mentioned above. Scarcity of Land Deed NFTs (5000 total) will increase demand and ensure positive price movement in the long run.

Other Relevant info

- Team announced Land Deed entitles you to a free mint of DeepSpace Commanders (NFT series of playable in-game characters currently in development)

Link to the DeepSpace Game Summary Part 1 – The Play-To-Earn Metaverse https://www.reddit.com/r/P2EdeepSpaceDPS/comments/15ybagq/deepspace_game_summary_part_1_the_playtoearn/ 

Link to the DeepSpace Game Summary Part 2 – Playable and Upgradable Smart NFT Ships https://www.reddit.com/r/P2EdeepSpaceDPS/comments/15z18v6/deepspace_game_summary_part_2_playable_and/ 

To be continued...

Useful links:

- Official site: https://deepspace.game/explore

- Official DAPP marketplace for ships: https://app.deepspace.game/outpost/ships

- OpenSea smart NFT ship collection link: https://opensea.io/collection/deepspace-ships-eth

- OpenSea Land Deeds NFT collection: https://opensea.io/collection/deepspace-land-deeds

- Blur Land Deeds NFT collection: https://blur.io/collection/deepspace-land-deeds

- Official DAPP marketplace for resources: https://app.deepspace.game/outpost/resource-swap

- DeepSpace bridge: https://bridge.deepspace.game/

- Certik audit: https://skynet.certik.com/projects/deepspace

- $DPS token CoinMarketCap link: https://coinmarketcap.com/currencies/deepspace/

- DeepSpace whitepaper: https://docs.deepspace.game/deepspace-dps/v/deepspace-whitepaper/

- Official DeepSpace Twitter / X: https://twitter.com/deepspacedps/

- Official DeepSpace Discord: https://discord.com/servers/deepspace-862487993034080276