Meridian

Meridian is the first fully on-chain collection on TON block-chain of random characters.

Our mission is to build a strong community of people who believes in TON and wants to fund projects on top of it.

Meridian is not about NFTs (tho technically, it's the best collection yet on TON), but about setting up a TON-pioneers community who wants to fund projects on TON together via club.

Since 50% of revenue from sales goes to the treasury under the control of holders club -> Meridian holders community decides on how to spend this money.

Meridian cannot simply be bought, one Meridian is born once every 24 hours and is played through an auction, each Meridian gives a vote in the fund's club.

Summary

  • Each Meridian is 100% random
  • No off-chain pre-sales
  • No pre-minting
  • Everything is controlled by smart-contracts
  • Artwork is generative and stored directly on-chain (not IPFS or centralized service).
  • 50% of revenue from sales is sent to the treasury
  • 50% of the royalty from re-sales is sent to the treasury
  • 1 Meridian is born every day, forever
  • Auction start price is 1 TON, minimal bid step is 0.5 TON
  • Each Meridian is unique
  • All Meridians are equally rare
  • All Meridian holders are members of club
  • Each Meridian is a single vote in club
  • Treasury is controlled by club
  • Each Meridian holder is a member of the private Meridians community

Meridian Club Manifesto

As members of Meridian Club, we are committed to supporting emerging ideas and experimental projects. We believe that by doing so, we can change the world for the better.

  • We believe in the power of emerging ideas and the potential of experimental projects to change the world. As members of Meridian Club, we are committed to investing in the earliest stages of projects, providing the means for founders to test their (first) Meridian Hypothesis with the minimal amount of funds
  • We understand that projects at this stage are not investment-ready and need expert guidance and support to formulate a single business hypothesis to test. We are committed to enhancing earliest stage-projects, helping them to improve and become investment-ready for later stages of financing
  • We believe in the power of culture to program the community and society in the long run. As a community, we are committed to building a culture of support and collaboration, one that is invariant to changes in governance and occasional conflicts. We believe that by doing so, we can create a community that is supportive, productive, and long-lasting
  • We serve as an exercise ground for angel skills, where members can practice and hone their expertise in investing in early-stage projects. While our participation in the community is unlikely to result in direct monetary gains, we believe that the skills and knowledge gained will be invaluable in our journey as investors

Daily auctions

Meridian collection smart contract distributes one Meridian via auction every 24 hours, forever. 50% of auction proceeds are automatically deposited in the Meridian club treasury, where they are governed by Meridian owners.

Each time an auction is settled, the settlement transaction will also cause a new Meridian to be minted and a new 24-hour auction to begin.

Each auction starts with a minimum bid of 1 TON with a minimal increase step of 0.5 TON.

Meridian Club

After the born of the first 70 Meridians, club was launched. Meridian club receives 50% of all collection revenue from daily auctions. Each Meridian is a member of Meridians club and entitled to one vote in all governance matters. Meridian votes are tied to NFT itself, which means if you sell your NFT you can't vote anymore. The main purpose of club is to fund promising projects on the TON network, tho, there are no restrictions, and specific matters are taken by a club Tyrant.

On-Chain Artwork

All NFT collections on TON use either IPFS or some centralized service as a storage for their metadata & artwork.

In contrast, Meridian's are stored directly on TON and will be available as long as the TON network is operational.

This is possible because Meridian parts are compressed and stored on-chain using custom lossless binary compression especially designed for this kind of pixel-art graphics to be stored on the TON network.

Each Meridian NFT contract stores only a set of identifiers of the parts it consists of. The special code on the collections smart-contract side unwraps compressed data for each part and renders it to SVG.

Meridian characters

Meridians are generated randomly based on random seed + logical time of TON transaction. There are no special traits, no other rules which make one Meridian rarer than the other one. This means all Meridians are equally rare.

Meridians are made up of:

  • 21 backgrounds
  • 4 bodies
  • 6 eyes
  • 102 heads
  • 47 labels

This means there are 2,416,176 unique Meridians.

First ever token & NFT mining

Meridian created token $MRDN and onchain Magnetic Meridian collection, which you can earn via mining.

The token will be used in all subsequent Meridian projects. For now, you can purchase pool for your collection on Shardify only by $MRDN.

Buy on STON.fi or DeDust.io

Roadmap

Website launch
Collection launch
Start of daily auctions
Tyrant Elections
$MRDN launch
Shardify.app launch
Funding TON projects
Meridian 2024