CryptoGaia: Planet Earth, Tokenized
In the spirit of tokenizing everything to discover its relative value, we decided that the surface Planet earth needed to be tokenized, in an objective, mathematical way, to enable prediction markets for the relative value of different locations, and introduce natural beauty into the NFT space.
While sale of virtual lands is no doubt interesting, it carries no informational value in the real world. In contrast, speculation on virtual plots of land on Earth carry tremendous optimising value. Just like how NFT speculation is bringing out the best quality art; we expect CryptoGaia will help bring forward the best exploration spots on the planet.
What if we could reward explorers for discovering the most amazing corners of the planet, and create prediction markets where people upvote locations with money instead of mere clicks? CryptoGaia makes that a reality.
CryptoGaia is the first token to offer complete, mathematical tokenisation of the world. This means each unit of land is unique, and divided using the same rules as all other land. This is in contrast with protocols that ‘selectively’ tokenize important landmarks, defeating the point of a well-defined, fixed and comparative Non-Fungible supply.
CryptoGaias are NFT’s each representing a unique square degree on planet earth (square 0.0001 degree to be precise, or about 121m2 at the equator). Besides having collectible value, CryptoGaia seeks to create a prediction market for interesting and unique spots on earth: natural beauty, the kind that you discover.
Each land ID represents a square starting at the co-ordinates mentioned, and extending 0.0001 N and 0.0001 E. The area enclosed in this square is uniquely identified by the landID, and cannot be bought by anyone else. The following python code lets you convert the NFT ID to the co-ordinates of the unique spot on earth the NFT represents.
def get_latlong(land_id):
land_id_dec = int(land_id, 16)
li=float(str(land_id_dec))
print(li)
u_lat = li/(180*(10**4))
print((180*(10^6)))
u_long = li%(180*(10**4))
print(u_lat, u_long)#the u_lat and u_long represent the starting points of a 1 u-degree square to the North and East of the defined point.
def get_landid(u_lat, u_long):
#assert u_lat in range (0, 180*10**6)
#assert u_long in range (0, 90*10**6)
ulat=int(u_lat)
ulong=int(u_long)
number = (180*(10**4))
li = ulat*number
li += ulong
li_hex = hex(li)
print(li)
print(li_hex)
Participants can access a map of NFTs near them in real-time, and pay tributes to the NFT owner if they particularly like a place. This pay-it-forward system would have network effects leading to an ever more accurate and expansive ranking of locations nearby. People discovering cool, new, unclaimed places will now have a method to monetize their discovery, by claiming the NFT. This also allows relative pricing of estates that are otherwise out of property law bounds, for eg. the peak of mount everest.
Trade in these NFTs will carry value to people who wish to have exclusive rights over an otherwise public place which holds special personal significance to them. Moreover, it would incentivise seeking out the true value of new places, as a means to the end of adding to their value as NFTs.
A highly liquid, virtual market for real estate has a lot of real-time signalling and prediction value, when contrasted with a slow, opaque and illiquid physical real estate market.
NFT token prices of an area rising or falling can eventually signify good/bad governance or other factors that affect quality of living. Similarly, rewards for officials can be linked to growth in these NFT prices. A transparent and liquid representative market of real estate is a very effective tool to monitor the relative value of different locations across the world.
How to use
They’re very easy to use! All you need are the co-ordinates of the location of the NFT you’re looking to buy. These can be obtained using gps or maps software. Once you have the co-ordinates (to 4 decimal places), use the python script provided above to get the unique landID. If it is not yet claimed, you can simply contact us to add one to the market. You can also view available NFTs to be claimed/bought on our MarketPlace: https://opensea.io/collection/cryptogaia
A fun part of using CryptoGaia is the element of discovery. We list no details other than the Gaia ID and co-ordinates. It’s up to you to discover what lies at those co-ordinates ;)
Google Earth may be of assistance.
The Math
There are 4.1402 Trillion possible LandIDs, representing:
(area of earth : 501Tn m2 / size of 1 unit Gaia : 121m2)
out of these, only 1618 locations will ever become CryptoGaia — i.e. less than 0.00001% of land.
Only 1618 cryptoGaia will ever be minted. This will lead to the selection of the coolest 1618 locations, due to their historical, geographical, political, nostaligic, or simply aesthetic significance.
So go forth and explore, and be rewarded for your discoveries!
