Solice whitepaper
The whitepaper is an evolving document and as such there may be information within that is updated or changed throughout development. Last updated 26th January, 2022.
Solice is a VR Metaverse built on the Solana blockchain. We believe that the blockchain and DLT will become the future gold fundamentals for the entire metaverse ecosystem, and this represents the disruption of the multi-billion dollar industry. Our goal, first and foremost, is to deliver a high-quality immersive experience by providing the users an environment where users can play, build, own, socialize and monetize their virtual experiences across multiple platforms, that also support the player-centric ecosystem via a solicitous tokenomic structure. Earning incentives should drive a player's desire to play a certain game, but we firmly believe that it should not be the only incentive. In Solice, players will be able to collect various pets, gemstones, and other collectibles as NFTs. Aside from collectibles users will be also able to create their assets, mini-games and build on top of their land plots. By actively participating and building in the metaverse, users are able to collect tokens and other rare assets as rewards for completing quests, clearing dungeons, and reaching leaderboards.
Digital land plots in Solice is permanently owned by the relevant community member, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners may control what content is published to their portion of land, which is identified by a set of cartesian coordinates. Contents can range from static 3D objects to interactive systems such as games. LAND is a non-fungible, transferrable, scarce digital asset stored in a Solana smart contract. It can be acquired by spending an SPL token called Solice ($SLC). $SLC can also be used to make in-world purchases of digital goods and services.
Our main cryptocurrency behind the Solice metaverse will be $SLC. This is a multifunctional governance token that will be allocated during private and public sales, with certain proportions set out for the core team, for staking rewards, and for the community treasury. There will be a portion of $SLC that can be earned by users as part of participating in the metaverse, and $SLC will also be pivotal in performing various marketplace transactions for NFT trades or asset creations.
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