Non-Playable Coin (NPC) Tokenomics

Non-Playable Coin (NPC) is a hybrid digital asset categorized as a Meme-Fungible Token (MFT). It utilizes a unique technological model that allows it to function simultaneously as a fungible memecoin and a non-fungible token (NFT). This is achieved through the ERC11 standard, which combines the ERC20 and ERC1155 standards, enabling the token to hold the metadata of a JPEG while remaining tradable on decentralized exchanges like Uniswap.

Issuance and Allocation Mechanism

The issuance of Non-Playable Coin is centered around its supply being "meme-backed," with a total supply designed to accommodate the global population.

• Total Supply: The project aims for a base and customizable JPEG for all 8+ billion humans on Earth.
• Minting and Burning: A specific allocation was utilized for the "Non-Playable Customs" PFP collection. A limited supply of 155,443 custom NPCs was minted on the Base network. This number symbolically represented the number of PEPE holders as of February 15, 2024.
• Cost of Minting: Each custom creation cost exactly 1 NPC to mint. Upon minting, this 1 NPC was burned, effectively removing it from the fungible supply.

Usage and Incentive Mechanism

NPC is primarily an art experiment and a cultural tool rather than a utility-driven protocol. Its primary use cases revolve around its hybrid nature and media integration.

• MFT Transformation: Users can use a dedicated "Transform dApp" to convert their assets between fungible (ERC20) and non-fungible (ERC1155) forms. These two forms are identical in value.
• Customization: The project provides a customization app that serves as an art creation tool. Users can customize their own NPC and optionally mint these creations on-chain.
• Mediacoins: Through partnerships (such as with Sage), NPC has introduced the concept of "mediacoins," which integrate media assets like music, videos, and games directly into tradable on-chain assets.
• Speculative Nature: The project explicitly states that the coin and art have no intrinsic value and no expectation of financial return. There is no formal roadmap or team, and the asset is intended for entertainment purposes only.

Locking and Unlocking Mechanisms

Based on available documentation, Non-Playable Coin does not employ traditional decentralized finance (DeFi) locking or vesting schedules for its core supply.

Summary of Tokenomics

While NPC lacks the complex locking and incentive structures found in utility protocols, its economic model relies on the burn-to-mint mechanic for its NFT collection and the liquidity provided by its fungible ERC20 counterpart on decentralized exchanges.