Star Atlas

What is Star Atlas?

Hybrid Space Genre:

• The foundation of Star Atlas aligns closely with the design principles of blockchain networks.
• Echoes the mining or staking processes authenticating blockchain assets.
• Hybrid experience mirrors the intricate workings of blockchain technology.

Grand Strategy in Space:

• Players engage in claim staking to expand empires and strategize offensive and defensive actions.
• Star Atlas features a map view for strategic navigation in the grand strategy genre.
• Captaining crewed spaceships for exploration, mining, and trading is facilitated in dynamic space views or a first-person cockpit perspective.

---

Recent Video Interview

Main points of the interview:

• Overview: Star Atlas is a grand strategy MMO on Solana, aiming to build a new digital economy and metaverse.
• Challenges: Faced financial setbacks including a $15M loss from FTX and staff reductions due to market conditions.
• Current Status: Team reduced from 235 to ~100; $40-45M in revenue from asset sales and secondary market fees.
• Gameplay and Technology: Features include AAA graphics, real-time strategy elements, and integration with Solana.

---

Economic Foundations:

Mining gameplay serves as the linchpin for Star Atlas's economy, fostering diverse revenue streams for players. Trading, cargo hauling, crafting, and other career choices stem from the wealth derived from mining. The game emphasizes player agency and specialization within chosen careers, creating a dynamic economic ecosystem.

Asset Sale Phases and Use Cases

Star Atlas unfolds in distinct phases, beginning with the Galactic Asset Offering (GAO) where assets are tradable but not playable. The subsequent phases introduce browser-based mini-games, full production in Unreal Engine 5, and the beta version deployment, each accompanied by asset sales and revenue streams.

Pre-launch assets offer various use cases, from mining and trading to defense and offense. Players can speculate on assets, stake in safe zones for passive growth, or utilize open-source blockchain for alternative exchanges.

What Makes Star Atlas Special?

Gameplay Zones:

Star Atlas features tiered gameplay zones, from faction-secured safe areas to mercenary-guarded mid-tier zones and a wild frontier with permanent asset destruction. The game's realism extends to the exploration of all visible stars, emphasizing visual exploration without skyboxes.

Real-World Monetization:

Star Atlas stands out by allowing players to convert in-game earnings into real-world income, leveraging blockchain and NFT marketplaces. The development team encourages the self-sovereign ownership of assets, fostering a model for the future of gaming.

Innovative Sandbox:

Star Atlas aspires to be an experimental sandbox for economic and governance research, promoting real-world innovation and progress within the virtual universe. The development team envisions a future where digital assets seamlessly translate into real-world value, emphasizing the decentralized ownership of assets.

Token System and Governance:

The dual-token system (ATLAS | POLIS) drives the in-game economy. ATLAS serves as the native in-game currency for commerce and expenses, while POLIS functions as a multifunctional governance token, influencing in-game politics and real-world economic policy.

POLIS holders gain jurisdictional ownership over regions, influencing player status and allowing the imposition of laws, taxes, and tolls. POLIS also grants voting rights, providing players with a say in the game's economic and developmental aspects.

Team Background

The Star Atlas team is dedicated to empowering individuals by crafting an intergalactic metaverse enriched with next-gen technologies. At the forefront, CEO Michael Wagner spearheads the vision, bringing extensive experience from roles at a VC fund and blockchain-focused products. Assisting in design and innovation is CPO Danny Floyd, ensuring a user-centric approach. Jacob Floyd, the CTO, leverages cutting-edge technology to breathe life into the Star Atlas metaverse. The co-founding team also includes COO Pablo Quiroga, an entrepreneur experienced in biotechnology. Together, they form a dynamic force propelling Star Atlas into the future of immersive and groundbreaking gaming experiences.

Project Development

Star Atlas had invited Galactic Explorers to participate in a worldwide community art contest, challenging them to capture the beauty of the Galia Expanse through themed photography competitions. The winning entries were featured on the Star Atlas Galactic Marketplace, allowing photographers to sell their work.

The contest spanned several themed photography competitions, each lasting four weeks, with four finalists chosen and one winner selected at the end of each competition. Winners were determined by a combination of community votes and a panel of judges based on creativity, originality, inspiration, and photo composition. The winning entries were minted into posters, usable in the Star Atlas Pre-Alpha Showroom, and could also be traded on the Star Atlas Marketplace. The contest was open to all individuals of legal age with a Solana wallet address, and each winner received a poster minted by Star Atlas with an approximate retail value of $0.00.

The competition period ran from July 14, 2023, to October 19, 2023, with specific timelines for each themed competition. Participants could enter by capturing original, unedited photos using the photo mode tools in the Star Atlas Pre-Alpha Showroom and submitting them on Discord.

Star Atlas Price Analysis

As of November 25 2024 Star Atlas has a marketcap of $59M. This is {{percentagefromath}} from its all time high of $0.267549. In terms of its tokenomics, there's a total supply of 36B with 48% currently outstanding. Keep in mind Star Atlas has a fully diluted value of $123M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.