Each pixel will be minted as an NFT. The NFT will be burnt when they are recovered by the system due to the inability to clear the tax.
$SPACE is an ERC-20 token issued for The Space that will be used for pixel trading, taxation, UBI distribution, etc.
- Claim Your $SPACE through the ongoing initial airdrop and the upcoming airdrops.
- Buy $SPACE through Uniswap with USDC, wETH, MATIC, etc.
- Connect your ETH wallet
- Switch to Polygon network
- Select a token you want to pay
- Click “Swap” to buy $SPACE
- You can add $SPACE in MetaMask by
Import tokens(at the bottom of MetaMask Extension). Copy and paste $SPACE token address
- Or you can add $SPACE on Claim $SPACE Page by clicking
Add $SPACE to MetaMaskon the official website.
Due Tax is the unpaid tax for a pixel, which is accumulated based on a certain tax rate.
There are 3 circumstances where tax clearance is executed.
- When the owner of a pixel set a new price
- When a pixel is traded
- You can straightly trigger
settleTaxthrough smart contract.
The pixel will be defaulted (burned).
Acc. Income is the accumulation of Universal Basic Income (UBI) for each pixel. If you are the owner of a pixel, you can click “Collect Income” to get your income.
Read About Universal Basic Income section of
- Harberger Tax is a property rule, also known as “Partial Common Ownership (PCO)”.
- Under this rule, all properties in the market (which are pixels in The Space) are always on sale.
- The current owner can set any price for the property but he/she needs to pay tax on a certain percentage of the price.
- In other words, when the owner set a high price for the property (pixel in The Space), it is harder for other market participants to buy that property, but the owner also needs to pay more tax.
How to play
Before start to play, you need to install a crypto wallet, we recommend MetaMask. Remember to install browser extension on your PC to get the best experience.
Then we need some $MATIC (0.5 is enough) and $SPACE tokens. You can buy $MATIC in major crypto exchanges. You can receive $SPACE token from airdrop or buy them on Uniswap. Remember switching to Polygon network before transferring these two tokens into your wallet.
Enter the game
After completing preparation, you can enter The Space. Click “connect wallet” first and Metamask will pop out from your right top side of browser, choose “connect”. If you have switched to polygon network, choose “Switch to Polygon” first.
Then, click “Approve Your $SPACE” and click “sign” in your wallet. The dashboard will show “My Wallet / Balance”, which means you allow The Space to use your $SPACE tokens.
Start to play
Click any pixel, you can see the details of the pixel, including price, due tax and income.
You can set the new price and color for any pixel paying with $SPACE and little $MATIC for gas fee, then the pixel belongs to you. If you own a pixel, you may click “Collect Income” to get your UBI share. Don’t forget the higher price you set, the more tax you need to pay.
Because each pixel is a NFT, every time a pixel is traded, the buyer has to sign the contract. You may click multiple pixels first and sign the contract later.