Pak, a well-known but anonymous digital artist, has paradoxically never ceased to astound his fans and collectors by creating mind-blowing NFT Project masterpieces.
His efforts to master dynamic NFTs, whose mechanisms are as intricate as his identity, have spanned projects like The Fungible and Merge NFT.
There is always something to understand later on, even when you think you understand how his NFTs function and change in unexpected ways.
As an example, Pak leveled up the project with Matter tokens after it was thought that the merge project had drawn its final breath. This helped to resurrect the merge.
However, Pak’s Merge NFT project, which has broken a world record for an NFT sale, is the subject at hand in this article.
He sold 312,686 pieces of mass in all in 48 hours, bringing in over $91.8 million from 28,983 different collectors.
Really impressive, no? But the process by which it evolved into what it is right now is still a mystery thanks to smart contracts, which we will cover in detail in a moment.
Let’s start by dissecting the mechanism’s layered and multifaceted design, which came to life with a myriad of options.
Project Merge NFT Overview
You should quickly review what actually occurs when someone purchases a mass token before continuing to decode the Merge NFT. Project’s the smart contract.
First and foremost, be aware that Pak creations are a little difficult to follow due to the frequent developments that occur one after another.
Therefore, you must thoroughly study the historic Merge NFT project if you truly are a curious NFT newbie or have missed out on a lot.
Let’s just learn the prerequisites now so that we can analyze the Merge project’s smart contract. The Merge is an NFT collection in that it is made up of mass units that are represented by NFTs.
Every mass is an NFT with a unique value.
Per wallet address, a single mass token can only be stored. If you already own a mass token and buy another one, the two mass tokens will combine, their masses added. Together, and the circle that serves as the visual representation of the mass will expand.
Returning to the Merge NFT project’s mechanism and smart contract analysis will help you understand how it works.
Pak’s Merge NFT Project Smart Contract Analysis
This section explains how the Merge NFT project’s mechanism works and breaks down its smart contract. You can also check out the smart contract address on Etherscan, which is ‘0xc3f8a0F5841aBFf777d3eefA5047e8D413a1C9AB’ to start.
How Do Two Mass Tokens Become One?
Merge is, as its name implies, both the project and the method that establishes the framework for its operation. The _merge function is where the merge takes place.
When a collector sends a mass token transfer, the contract determines whether the recipient wallet address already has a token owned by it. The _merge function will be called in that case, as shown below.
There are two tokens as inputs. Using the decodeMass function, this _merge function first determines the combined mass of two tokens. By adding an increment for the smaller mass to the mapping _values, the function then merges the smaller mass token into the larger one.
Observe that decodeMass uses the following formula to return “mass” given a value:
Mass equals value% of CLASS_MULTIPLIER. A variable called “_values” that maps token ID to mass value should be noted.
The small token will be burned during this process, and the final mass token will be created by adding the two masses together.
By deleting the smaller token from the _value, the _merge function partially performs the burning process. However, the majority of the burning takes place outside of this _merge function with the aid of the token small returned value.
As time goes on, the _mergeCount mapping in the Merge NFT project smart contract keeps track of how often each token is combined. Consequently, each time a merge occurs, this mapping is updated.
People who closely examined the contract claim that it is unclear whether this is the best way to structure the code because there is still room for improvement.
What Is An Alpha Mass Token, and How is it Determined By The Smart Contract’s Alpha Mass?
Alpha is the largest mass and a dynamic class assigned to the top collector in the Merge NFT project. A black circle is used to visually represent it. When you attain the greatest mass among all collectors, you are given the “alpha” classification.
To make your mass token “alpha,” you can combine progressively more tokens from the secondary market or buy a lot more tokens with higher values.
The variables _alphaId and _alphaMass contain the alpha mass token’s id and mass value. This function determines whether the combined token’s mass exceeds _alphaMass; if so, _alphaMass and _alphaId are updated.
Secondly, Contract MergeMetadata.sol
The second contract, “MergeMetadata.sol,” contains the SVG generation code. To put it simply, the SVG code for a circle is circle id=’c’ cx=’1000′ cy=’1000′ r=’_RADIUS_TAG’/>. The mass of each token determines the dynamic production of the _RADIUS_TAG.
Use Cases for NFT Projects That Merge
There are many possible applications for the smart contract created for the Merge NFT project, but in this article, we’ll focus on two of them.
Play-to-earn games and metaverse development are booming even though the current state of the cryptocurrency market is pretty much on. The decline.
The Merge NFT project’s smart contract has a lot to offer because the gaming industry still has a long way. To go before effectively adopting gameplay that is inspired by the metaverse.
Players can upgrade their avatars, weapons, and other in-game items using the same smart contract that is used to grow the mass larger with each merge.
For instance, suppose you are playing a mission game in which you must complete a task to earn or collect a machine gun, and you then proceed to collect another in-game item, let’s say a military vehicle.
The collected items will now magically combine to form a warthog, a battlefield vehicle with a 12.7mm three-barreled machine gun mounted in the back, as soon as you collect a military vehicle. Whoa! How cool that would be!
However, you now have a general idea. There are certainly more examples. Additionally, this smart contract can be used to level up the game’s stages.
For instance, if you start a game at stage 1, the rewards you earn as you complete tasks and collect them will keep combining to unlock stage 2 and so on.
That’s just the surface explanation, though; there are many other ways to use the merge NFT project’s smart contract to spice up gameplay.
Of course, this is also done to keep players coming back for more in hopes of finding something completely different from what they have already collected.
To Make The Credit Score System For Credit Cards Easier:
The smart contract for the Merge NFT project has this as its most useful use case. The points you earn after spending money to raise your credit score can simply be added to the contract.
Your score will increase as you make more purchases and pay off your debt, which will ultimately result in a. Higher credit card limit.
You will accrue points with each purchase and each bill payment, and these points will keep adding up as you. Continue to make purchases.
As a result, your credit score would be significantly raised, and this smart contract may be ground-breaking in its ability. To simplify the mechanism for raising credit scores.
Due to the fact that blockchain powers smart contracts, it would be very convenient for other banks to access your. Data and determine whether you have paid off your balance each month.
In this manner, financial systems would be more gratifying and open.
Pak has actually created an extendable smart contract with great care and attention to detail. Whether it’s about creating a community or matter tokens, the merge NFT project is still changing with each passing day.
The Merge project was genuinely inclusive and interactive, which makes understanding its workings interesting.
Pak will continue to cancel more NFT projects in the future, but the merge has cemented its place as the. Most expensive and involved project in NFT history Its mechanism speaks for itself.
It has undergone a great deal of thought and effort to become an ongoing NFT adventure.
The NFT community as a whole is attempting to solve this puzzle, but it becomes more challenging and complex with each stage. So now you understand how this project is in a never-ending cycle that creates something new each time a mass. Is combined.
Well, now you know how this project is in a continuous loop to develop itself into something unique every time. You merge a mass Yeah, that’s a smart contract for you!
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