Hi everyone,

This week’s update is an especially important one for all Augmentors Creature token holders.

To say that things change quickly in the crypto space is an understatement! Over the past few months the landscape has changed dramatically and we have to adapt to ensure that we build the best game possible.

We have made the decision to move Creature tokens from Counterparty to the Ethereum blockchain and keep Databits on the Bitcoin blockchain. While we are certain that this move is the best thing for Augmentors it does mean a delay in the Creature token swap to the end of Q2, 2018.

Today’s post outlines our thinking and reasoning, starting with an explanation of NFT, what the move means for us and ending with how it impacts the planned creature swap.

Non-Fungible Tokens (NFT)

NFT has taken off in recent months with a lot of exciting projects in this space. Before delving into it, let’s take a step back and look at what NFTs are.

According to Merriam Webster, the definition of fungible tokens is “something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity.”

Databits (DTBs) as an example, is a fungible token, where each token is identical to the next. However, the Augmentors Creature tokens that will be used in the game, are unique and by implication non-fungible. Each token will have its own attributes, history and value.

A number of NFT standards are starting to emerge. ERC-721 is a very popular standard proposed by the people behind CryptoKitties with a more recent standard ERC-821 for Distinguishable Assets Registry proposed by the people behind Decentraland. Both of these standards are still relatively new and in draft status. For those interested, here are some interesting articles explaining both ERC-721 and ERC-821.

What is clear is that the NFT ecosystem that is forming is a perfect fit for Augmentors.

Although we are reviewing the exact standard that we will use, it will be on the Ethereum blockchain and not on Counterparty as originally planned.

What does this mean for Creatures and DTB?

All Augmentors Creatures will be NFT tokens on the Ethereum blockchain.

For the time being, DTBs will remain on the Bitcoin blockchain for the following reasons:

DTBs is already listed on Bittrex,

DTBs is a fungible token (as described earlier), and the reasons for moving Creatures to Ethereum does not apply, and

DTBs and the Creature tokens are completely separate, there is no technical reason that requires them to be on the same blockchain.

Creature Swap

As per our roadmap, the Creature Swap was planned for this quarter (Q1). The decision to move the Creature tokens to the Ethereum blockchain delays this until the end of Q2, 2018.

This gives the team time to make the right decisions in terms of NFT standards and wrap up the new Creature token design.

Previously, the Creature Swap would have been a simple process of swapping one Counterparty token for another. The process will now involve swapping a Counterparty token for an Ethereum token, which complicates things and requires us to finalize the token standard and design.

The crypto space remains a very exciting space to be in and Augmentors will continue to evolve along with the space to ensure that we build the best game possible.

As always, your feedback and questions are welcome.

Keep battling!

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About Augmentors

Fore more information on Augmentors and to sign up for Alpha visit https://www.augmentorsgame.com/, read the Databits Economy Design and join us on Telegram and Twitter.