Overview
1. V Token (Base Token) Supply: 1,000,000,000 (1 Billion) Type: Fungible Purpose: Core utility token for Verity One's ecosystem . Used for payments, tracking, and internal transactions . Required for minting Nutrient Credits (NCs) . Minting Authority: Pre-minted, no additional minting allowed. 2. Pearl Token (MEME NFT) Supply: 100,000,000 (100 Million) Type: Non-Fungible (NFT) Purpose: A symbolic/meme-based NFT representing participation in Verity One.
Not exchangeable for NCs but part of the collectible ecosystem. Can be bought, sold, and transferred as a commemorative asset. 3. Nutrient Credit (NC NFT) Supply: Variable (Created by burning 1,000 V Tokens per NC) Type: Non-Fungible (NFT) Purpose: Represents environmental remediation and carbon/nutrient credits . Each NC = 1,000 V Tokens burned. UUID assigned for traceability.
Expiration: 36 months + 7 days from minting. Burnable: If expired, it can be burned 4. Token Utility & Blockchain Details Standard: ERC-1155 (Multi-Token Standard) Blockchain: Polygon (MATIC) Metadata Storage: Security & Compliance: UUID integration for unique identification . Immutable record-keeping for NC transactions. Smart contract enforces minting, burning, and expiration rules .
Updated Features in the Verity One ERC-1155 Contract: Automatic Expiration & Notification: Nutrient Credits expire after 36 months + 7 days . Owners can burn expired NCs , triggering an NCExpired event . Retirement on Use: If an NC is used for pollution offset or other purposes , the owner can retire it manually. Retired NCs cannot be traded but remain recorded for compliance.
Tradability & Value Decay: NCs are tradable , but their value decreases as expiration approaches. Transferable to new owners unless retired. Tracking Metrics for Compliance: Ownership tracking : Ensures NCs can be linked to specific accounts. UUID storage : Every NC is uniquely identified for compliance. Transfer history logging : Captures ownership changes.
