Non-Playable Coin (NPC) Tokenomics

Non-Playable Coin (NPC) is a unique hybrid asset categorized as a Meme-Fungible Token (MFT). It is designed to function simultaneously as a memecoin and an NFT, merging the liquidity of the ERC20 standard with the collectibility of the ERC1155 standard.

Issuance Mechanism

NPC was launched on the Ethereum network as an open-source art experiment. The issuance is centered around the ERC11 token standard, a new protocol developed to facilitate memecoin-NFT hybrids. This standard allows tokens with embedded media to be traded directly on decentralized exchanges like Uniswap.

A key component of the issuance for the broader ecosystem includes "experiMINTs"—proof-of-concept releases by the developers that are noted as being infinitely mintable. However, these specific mints are explicitly stated to have no inherent financial value.

Allocation Mechanism

The project was designed for "all 8+ billion humans on Earth," referencing the popular 2018 NPC meme. While specific percentage-based breakdowns for team or seed rounds are not detailed in the available documentation, the project emphasizes a decentralized, community-centric approach:

• Total Supply Reference: The "Non-Playable Customs" PFP collection, a major part of the ecosystem, had a limited supply of 155,443, matching the number of $PEPE holders as of February 15, 2024.
• Burn-to-Mint: The allocation of custom NFTs was tied to the burning of the base NPC token.

Usage and Incentive Mechanism

The primary utility of NPC lies in its convertibility. Users can transform the asset between a fungible memecoin (ERC20) and a non-fungible JPEG (ERC1155) at a 1:1 ratio using a dedicated dApp.

Locking Mechanism and Unlocking Time

Unlike traditional DeFi protocols or institutional crypto projects, Non-Playable Coin does not feature a formal locking mechanism, staking rewards, or a scheduled vesting period for a founding team.

• No Roadmap/Team: The developers have stated there is no formal team and no roadmap, which precludes traditional "cliff" or "linear" unlock schedules often seen in other assets.
• Minted Out Status: The official PFP collection, Non-Playable Customs, fully minted out on August 20, 2024.
• Optionality: Minting is completely optional, as the art can be "copied-and-saved," further reinforcing the project's stance as a "useless" art experiment for entertainment purposes only.

Information regarding specific time-locks for the base NPC token supply was not available, as the project operates as a liquid memecoin from inception.