> For the complete documentation index, see [llms.txt](https://astralecosystem.gitbook.io/astralecosystemwhitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://astralecosystem.gitbook.io/astralecosystemwhitepaper/astral-ecosystem-2.0/ast-nft-launchpad.md).

# AST NFT LAUNCHPAD

Metaverse is a notion of online 3D virtual space that connects users in all aspects of their lives. The idea is to connect multiple platforms, much like the Internet, containing different websites accessible through a single browser. However, while the idea of a metaverse was once fiction, it is now a possible reality in the future.

Games provide the 3D aspect of the metaverse, but do not involve everything needed in a virtual world to encompass all side of life. The cryptocurrency industry can provide other essential parts, such as digital proof of ownership, value transfer capabilities, governance, and accessibility. But what does this mean, exactly? If we are going to work, socialize, and even buy virtual items in the metaverse in the future, we will need a secure way for proof of ownership. We also need to feel secure when transferring items, goods and money through the metaverse. Finally, we also want to play a role in the decision-making that takes place in the metaverse, since it is supposed to be such a relevant part of our lives.

Smart Contracts can be defined as code that is stored on the blockchain and can be triggered by on chain actions. On our Marketplace, the smart contracts will store the NFTs/SHROOM, ready to send them immediately, once the conditions are met. By utilising this powerful functionality, we are able to offer a Decentralised secondary marketplace where we can guarantee the results of all accepted sales. User experience is everything to us and with NFT, the user experience needs to cater for the uniqueness of the tokens. We are going to start by ensuring we have the best possible searching functionality in the space, we will use all of the data available to ensure you are able to find the exact NFT you are looking for, as quickly as possible. Further to this, we want to allow users to feel like the collectors that many of us are, allowing you to set your collection as public to show your NFTs to the community and be open to offers on them! Combining these elements with a smart notification system will ensure you are able to react quickly in a fast moving space. One of the biggest challenges with NFTs is the ‘liquidity problem’. This is essentially a problem unique to the space.

As each asset genuinely is unique, you need to find a buyer/seller pair for that specific NFT to make a trade. This is very different to traditional ‘Fungible’ stock/ crypto markets whereby you only need a buyer or seller for a quantity of that stock/token. We will never be able to fully solve this, but what we can do is create features that maximise the amount of ‘acceptable trades’ in the ‘order book’. What we mean by this is that, of the set of people that would trade their NFT, many do not simply because of the effort to list it for a price they would be happy with. The more options we give people and the better the user interface, the more likely people will list their NFTs.

This will allow the NFT seller to set up a smart contract to temporarily ‘store the NFT’ and will be set to ‘trigger’ at a given price that the seller decides. Potential buyers can then view the listing and if they wish to purchase, will simply send the amount of SHROOM to the smart contract address using our Payment Gateway, thus triggering the contract to send the NFT to the buyer and forwarding on to the SHROOM to the seller. This option will allow users to remove their listing (by canceling the smart contract). No more waiting for the seller to send the NFT, no more uncertainty.

The Astral Ecosystem team is creating an Intelligent AST NFT Launchpad which will help preserve and evolve the collective culture and intelligence of the human species through the medium of Non-Fungible Intelligent Tokens.  It is a unique digital asset that has its own personality and property managed on blockchain. In other words, it brings to life the unique digital item underlying its NFT, using the generative powers of artificial intelligence. The Astral Ecosystem team chose to preserve our shared history and culture for their decentralized nature, blockchain provenance, symbolic incentives, and fusion with artificial intelligence.


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