Blockchain Technology

$NET is the utility token for the Netborn ecosystem which is an ERC-20 token on the Ethereum Blockchain and ERC-1155 will be the standard for our digital assets. The ERC-1155 standard is an Ethereum token standard that allows for the creation of fungible (identical and interchangeable) and non-fungible (unique and distinct) tokens within a single smart contract. This provides Netborn players flexibility and efficiency when managing multiple types of assets within a single smart contract. We are using Ethereum due to its:

• User-friendly and flexible design. Ethereum has attracted high-quality developers from all over the world providing support and well-established standards for the entire network.

• Global adoption. Ethereum’s validation mechanics are an example of excellence that is followed by many, making the blockchain more secure.

• Real ownership. Players will have complete ownership of their assets and will be able to transfer their assets as and when they like.

• ERC-20 for $NET.

• ERC-1155 for game asset storage and trading.

NetBorn provides a practical use case for NFTs in gaming by granting players the freedom to do as they please with their in-game assets.