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Non-Playable Coin (NPC) is a memecoin-NFT hybrid that introduces the concept of "Meme-Fungible Tokens (MFTs)". It allows tokens to function as both fungible assets tradable on centralized and decentralized exchanges and customizable NFTs (tradable on NFT marketplaces). NPC is positioned as an experimental and open-source model that bridges the gap between memecoins and NFTs, aiming to expand its use cases while maintaining scalability and accessibility. [1] [2] [6]
Non-Playable Coin was launched in 2023 as a tribute to the "Non-Playable Character (NPC)" meme, which gained popularity in 2018. The project adopts the motto "I support the current coin", reflecting the meme’s cultural roots.
NPC aims to distinguish itsel from traditional memecoins and NFTs through its unique technological model. Every NPC token is backed by an NFT of the NPC meme, and tokens are freely convertible between fungible (ERC-20) and non-fungible (ERC-1155) forms using a dedicated decentralized application "Transform dApp".
The total supply of NPC reflects the recorded global population on July 29, 2023, amounting to 8,050,126,520 tokens. This finite offering aims to symbolize inclusivity by ensuring the token is accessible to everyone. [1] [2] [7] [11] [12]
NPC introduces the Meme-Fungible Token standard (MFT), combining the properties of ERC-20 (fungible tokens) and ERC-1155 (multi-token NFTs). This allows:
NPC pioneers the ERC-11 standard, which combines ERC-20 and ERC-1155 functionality. This new standard allows tokens to carry embedded metadata, such as images or media, while retaining liquidity on decentralized exchanges. The ERC-11 standard is open-source, designed to inspire the next wave of "Memecoins 2.0", according to the words of the creators.
NPC offers a unique customization feature through a [decentralized application (dApp)](https://iq.wiki/wiki/decentralized-application) that enables users to create personalized Non-Playable Characters. With over 220 traits available, users can generate billions of unique combinations.
To mint a customized NPC as an NFT, users burn their base ERC-1155 token. Each customization becomes part of the Non-Playable Customs collection, a permanent on-chain record.
The NPC project includes AI-powered tools for generating NPC-related content:
The NPC tokenomics aims to be straightforward and fair:
No Transaction Fees:
Traditional NFTs, using the ERC-721 standard, have been criticized for their limited scalability and accessibility. Most collections are constrained to ~10,000 units due to gas fees and exclusivity, resulting in high costs and limited liquidity.
NPC addresses these challenges by adopting the ERC-1155**** standard to enable mass supply, low transaction costs, and customizable traits. This model makes NFTs more inclusive and accessible, similar to memecoins.
The NPC project explores creative applications for memecoin-NFT hybrids, including experimental proof-of-concept models:
The customization app, AI tools, and dApps are optional and meant purely for creative exploration. All art and tokens created can be freely copied and saved, and their use is at the user’s discretion. [1] [2] [4] [9] [10]
Edited By
Edited On
December 17, 2024
Reason for edit:
New Wiki Created 🎉
We've just announced IQ AI.
Edited By
Edited On
December 17, 2024
Reason for edit:
New Wiki Created 🎉
NPC
USD
NPC
USD
$0.0257358
4.07%
$206,451,845.00
3.71%
$206,782,493.29
3.71%
$7,116,991.03
0.82%
$0.0257358
4.07%
$206,451,845.00
3.71%
$206,782,493.29
3.71%
$7,116,991.03
0.82%