Mirai RP

Mirai Reputation Points (Mirai RP) is a scoring system that provides Machin owners with a way to create value for their Machin NFTs. Think of Mirai RP as an additional NFT trait that can be influenced by the owner’s activity within the Studio Mirai ecosystem.

Unlike traditional token incentive models which is “paid out” to someone’s wallet address, Mirai RP are forever bound to the NFT that earns it. This means if you level up a Machin with 100,000 Mirai RP and then sell it to someone else, you do not retain control over the 100,000 Mirai RP. As we continue to develop the Studio Mirai ecosystem, Mirai RP will play a significant role in areas where factors like “priority”, “exclusive access”, “engagement generation” are desired.

Below are three examples of how Mirai RP may be used in the future:

• Owners of Machin with more than 100,000 Mirai RP may receive a guaranteed free mint for future Studio Mirai collections.

• Owners of Machin with more than 50,000 Mirai RP may receive a 1.1x multiplier for KOTO distributions, while Machin with more than 100,000 Mirai RP may yield a 1.2x multiplier instead.

• Owners of Machin with more than 100,000 Mirai RP may occasionally be able to burn accumulated $ANTIKOTO.

Since Mirai RP are directly tied to a Machin NFTs and provide various socio-economic benefits, they effectively provide Machin owners with a way to increase the perceived rarity and value of their NFT. For example, a Machin with common visual traits and high Mirai RP score may be deemed to be rarer than a Machin with rare visual traits and no Mirai RP.

We believe a system like Mirai RP is extremely important for large generative NFT collections because it provides an avenue for owners to stand out from the crowd and pave their own way within the ecosystem. Furthermore, a scoring system like Mirai RP can be leveraged by an entrepreneurially-minded individual. Similar to how there are services that help people earn XP in Pokémon Go, someone could start a business that helps Machin owners level up their Machin by assuming its identity to work in the Mirai DAO. A business model like this is beneficial for all parties involved — the Machin owner is able to gain access to perks, the service provider gets paid for leveling up the Machin, and the Mirai DAO benefits from the productivity of the service provider. We look forward to seeing how our community leverages the Mirai RP system in creative and innovative ways to generate value for the Studio Mirai ecosystem!