Trade and Develop all types of Non-Fungible assets within Parabox
Assets are the underlying infrastructure that makes up Parabox's world, without them, the world is virtually empty. Parabox assets are tokenized in the form of NFTs and maintained using a Smart Contract. NFTs and Smart Contracts within Parabox can be split into two main categories:
Avatars are what players can use to traverse and interact within Parabox and are the physical representation of a users appearance amongst other players. Avatars will be tradeable on the Parabox Marketplace and can be created/customized through a user-friendly SDK called the Parabox Building Engine (PBE).
Once an Avatar is created, it can be uploaded to the Parabox Avatar Smart Contract, where it's existence will be permanently cemented, and where it can be owned and traded.
Genesis Avatars will have a separate smart contract but will have mostly all the same underlying properties described above.
In addition to Parabox Avatars, Smart Contracts relating to other NFT Avatars outside of the Parabox Metaverse can be integrated into Parabox's world through a proposal to the DAO.
Land parcels are the base layer of Parabox's virtual world. As stated within the Overview, there are two types of land parcels within Parabox: Individually owned land parcels and DAO owned land parcels. Individually owned land parcels can be traded via the Parabox marketplace, whilst DAO owned land parcels cannot since they are owned by a multi-signature wallet that is controlled by the DAO.
Land parcels in Parabox are tokenized in the form of NFTs and will exist within a smart contract called LAND. The LAND Smart Contract displays a location for each parcel using a cartesian x and y coordinate axis.
Each Land parcel NFT contains its own metadata where live content is stored. Live content is the term used to describe all content that is created with Parabox's SDK's and deployed on top of land within Parabox.