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Overview of product modules and functions
Before understanding the various modules and their functions, it is first necessary to clarify several assets in LeCube - "blocks" of 8 colors. The eight colors are: white, red, orange, yellow, green, blue, and purple. As the basic materials for building NFT works, Cubes of each color are valuable assets. In addition, LeCube has a platform token LCT, which is used to motivate users to create.
Classifying LeCube products according to their functions can be divided into five major modules - "Block Pool", "Creation Center", "Copyright Center", "Market" and "My".
You can pledge the currency that has passed the consensus of the community in the "block pool" and obtain "blocks" through mining;
In the "Creation Center", you can use "blocks" to build NFT works. LCT rewards can be obtained after the work is uploaded to the chain;
In the "Copyright Center", you can open the copyright of NFT works to other users. Other users reproduce works by paying your copyright fee (the number of works * 15LCT);
In the "Market", you can put the NFT works on the chain for sale, and you will get LCT income after the transaction is successful;
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"Block pool" block mining: a more community-based distribution method
Enter the product, and on the "Home Page", you can see the NFT works created by all community users. Where do these NFT works come from? First, you need to obtain "blocks" for NFT building. Therefore, you need to enterinterface.interface.
LeCube adopts the method of multi-coin mining. In the "Block Pool", you can pledge tokens eligible for mining for mining. The output efficiency of block pool mining is not determined by any centralized organization, but by market games: the amount of blocks you finally get depends on the proportion of your pledged currency in the pledged value of the entire block pool.
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"Creation Center": Create your NFT works
Once you have obtained the "block", you can enter"Creative Center", start building in LeCube's unique 3D building simulator. First, select the color of the "block" you have obtained, left-click the mouse to place a "block", and place and arrange the "blocks" according to your building inspiration, and finally form your NFT work. If you make a mistake or want to "go back on", click the right mouse button to remove a "block" that has already been placed.
After building the work, you need to perform a very important operation - put the work on the chain. After the work is successfully uploaded to the chain, the work itself will become a unique NFT asset, and the LCT will be released. The released amount is the block number of the work * 100LCT. The distribution ratio of LCT after release is: 85% for the creator, 5% for the official, 4% for the operation reward pool, and 4% for the liquidity reward. Assuming that your NFT work uses 100 "blocks", the number of LCT rewards you can get after the work is on-chain is: 100*85%=85 LCT. Note that the act of uploading to the chain requires a certain gas fee. After the work is uploaded to the chain, it can no longer be assembled.
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"Copyright Center": Creating a Community Collaborative Creation Model
After the NFT works are copyrighted in the "Creation Center", you can"Copyright Center"To reproduce these copyrighted works. If your own work is also copyrighted, others can also reproduce it in the copyright center. You can withdraw the copyright at any time. After the copyright is withdrawn, the work will no longer be reproduced, but it will not affect the reproduced works. If your work is being listed for sale in the Marketplace, you cannot copyright it.
When someone else reproduces your NFT work, you need to pay a certain copyright fee. The standard for charging the copyright fee is: the number of "blocks" contained in the NFT work * 15LCT. If your work contains 100 "blocks", others need to pay 100*15 LCT=1500 LCT when copying it, of which 3.75% will be collected by the official, so you will eventually get 1443.75 LCT of copyright fees.
When you copy someone else's work, you also need to pay the copyright fee in the above way. You can pay the copyright fee multiple times at one time. When assembling, if you quote a copy and upload it to the chain, the number of copies of the work will be consumed once. When your new work references the replica and puts the new work on the chain, you will also receive LCT rewards, and the reward ratio is still the number of "blocks" contained in the work * 85%.
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"Market": NFT works trading place
In addition to the above-mentioned open copyright, reproduction, citation, etc., you can also directly put your own works on"market"Listing in the "market" to obtain LCT income; or directly purchase other works in the "market".
You can browse the assembled works of other authors in the "Works Market", and purchase your favorite NFT works by paying ETH. Of course, other users can also buy your work in the same way.
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"My": Manage your FT and NFT assets
"mine"is a comprehensive page where you can comprehensively manage all your assets in LeCube, whether they are FT or NFT. (The picture below only shows the "My Works" section)
You can view all your works in "My Works", including those that are in the process of being built, those that have been built and successfully uploaded to the chain. Blueprints that are not on the chain can continue to be built, and works that have been on the chain can be sold or copyrighted to obtain LCT benefits.
If you want to continue to build unfinished works but find that you don't have enough "blocks", you can check your "block" inventory in "My Blocks" and use the method described above: Mining in the "block pool" and using ETH to exchange "blocks" of various colors in the "block market" to obtain more "blocks". Then you can continue to build in the Creation Center.
If you want to check the amount of LCT you own, you can check it in "My LCT", and even check all your income details. There are four ways to obtain LCT: get LCT rewards through uploading works, open copyrights to collect copyright fees, sell prices directly, and exchange them with ETH.
You can check the number of all your replicas and the number of remaining replicas in "My Replicas". If you think you want to reproduce more works, you can purchase reproductions in the aforementioned "Copyright Center".
Summarize
Summarize
The entire creation process of NFT is completed directly using the Ethereum network, and the complete on-chain process allows the data to be completely preserved. You can also disassemble the NFT that is not high enough in quality at any time, and return to the "block" of FT form with better liquidity. Such a two-way convertible feature brings better liquidity to LeCube's NFT, and also provides a good application scenario for FT, which can have the effect of allowing the two to continuously promote each other.
In LeCube's small ecology, each element, work and creative process are native blockchain assets, with codes that can be recognized by other applications, and NFT assets created by "blocks" can be called into other applications at any time , such as The Sandbox and Decentraland, have derived financial applications such as leasing and mortgage lending, thus forming a free chain economy.
