Each randomly-generated Blocklapse plant fills its environment with wonder as it grows unpredictably.
The algorithm is hosted on-chain, ensuring the fully-grown collection will be available for future generations.
Upon minting, some of the funds are diverted towards:
(1) offsetting one full tonne of CO2 with on-chain carbon credits, created by our partner Toucan. This is part of the Bull Run Forest Carbon Project.
(2) issuing Base Carbon Tonne tokens (BCT), a new climate finance primitive also being developed by Toucan. Where these tokens will ultimately land is still not revealed...
With Blocklapse, everything is on-chain. At minting time, the seed and mutation level are stored (A).
These, when combined with the algorithm stored on-chain (B), give us the traits and initial state of the tree (C).
Over time, new blockhashes are taken into account by the algorithm, letting it grow unpredictably until maturity (D).
Aftermarket sales are subject to a split royalty, with 4% going to the Blocklapse team, and 4% going to the community war chest.
As funds build up in the treasury, the capital will be deployed to benefit the community and the environment.
The treasury can be used to burn or raffle Lapses, raffle BCT, buy BCT and bond in Klima, and more. We're sure the Blocklapse community will also come up with new ways to weaponize its collective funds.