Premium Pass - NFT Info

Here is a brief overview of the tokenomics of My Space:

• Contract type: My Space NFT is an ERC-1155 token, which is a multi-token standard that combines the functionality of previous standards like ERC-20 and ERC-721. It enables more efficient trades and transaction bundling, lowering transaction costs. It is mainly used for NFTs, which are increasing in popularity.

• Symbol: The symbol token is “My Space”.

• Total supply: The total supply is 4999.

• Mint price: The mint price per NFT is 0.2 ETH.

• Purchase amount: There is no limit to the number of NFT's that can be purchased.

• Transferable: NFT is transferable.

• Burnable: NFT is burnable.

• Available on OpenSea: My Space NFT's are available on OpenSea, which is a popular marketplace for NFTs.

• Reselling on OpenSea: You can buy, sell, and auction My Space NFT's on OpenSea.

ERC-1155 is a flexible and efficient token standard that enables the transfer of multiple token types in a single transaction. It has become increasingly popular in the NFT space due to its ability to bundle multiple assets in one contract and reduce gas fees.