In the vast world of blockchain art, few projects capture the spirit of collaboration and creativity like MurAll. Imagine a digital mural, accessible to anyone, anywhere, that encourages unrestricted artistic expression—this is the essence of MurAll. Launched as a digital canvas where every PAINT token can bring art to life, MurAll stands out by seamlessly combining the worlds of art and blockchain technology. With the PAINT token, each artist can leave their mark, contributing to a global masterpiece that evolves continuously. Read on to explore how MurAll revolutionizes digital art, making every pixel a testament to creativity and freedom.
What is MurAll?
MurAll is a digital collaborative mural that anyone, anywhere, can draw on without restrictions. It is a platform that embodies the spirit of freedom and creativity, allowing artists from all over the world to contribute to a single, ever-evolving canvas. The project leverages blockchain technology to ensure that every contribution is permanently recorded, creating a lasting testament to the collective creativity of its users.
The Vision Behind MurAll
MurAll's vision is to create a platform where art and freedom of expression can thrive without any barriers. The project aims to democratize art creation by providing a space where anyone can contribute, regardless of their geographical location or technical expertise. By using blockchain technology, MurAll ensures that every piece of art created on its platform is secure, transparent, and immutable.
The PAINT Token: Fueling Creativity
The PAINT token is the lifeblood of the MurAll platform. It is an ERC-20 utility token that enables users to draw on the digital canvas. Each PAINT token can draw two pixels, and the tokens are burned at a fixed rate of 0.5 PAINT per pixel. This deflationary mechanism ensures that the supply of PAINT decreases over time, potentially increasing its value.
Purpose and Utility of PAINT
The primary purpose of the PAINT token is to facilitate transactions on the MurAll platform. It allows users to engage in economic activities such as trading or purchasing goods and services, specifically drawing on the digital canvas. By using PAINT, MurAll solves the problem of enabling collaborative art creation in a digital space, where artists from around the world can contribute without geographical or technical restrictions.
Unique Features of PAINT
- Freedom of Expression: PAINT represents the freedom of expression, allowing users to create art without restrictions on the digital canvas.
- Deflationary Token: As a deflationary token, PAINT's scarcity increases as more art is created, potentially driving up its value.
- Incentive for High-Quality Art: The decreasing supply of PAINT encourages users to create meaningful and high-quality art.
- Limited Drawing Sessions: The fixed supply of PAINT and the number of pixels on the canvas create a sense of exclusivity and urgency for artists.
Tokenomics and Distribution Model
The total supply of PAINT is 22,017,205,480 tokens, with a circulating supply of 9,258,413,165.87 tokens. The tokenomics and distribution model of PAINT are designed to bring value to most holders, balancing token supply, utility, and other factors.
Distribution Model
- Claimable by Known Artists: 42.02% of the total supply was reserved for known artists, encouraging participation from the artistic community.
- Claimable by NFT Holders: 40% of the supply was allocated to existing NFT holders, fostering a vibrant and engaged user base.
- Founders and Team Funds: 3% was allocated to the founders, and 14.98% to team funds, ensuring the project's sustainability and growth.
Mechanisms to Control Inflation
MurAll employs a deflationary mechanism where PAINT tokens are burned at a fixed rate of 0.5 tokens per pixel drawn on the canvas. This reduces the total supply over time, increasing the rarity and value of the remaining tokens. Additionally, the limited life of the canvas and the fixed supply of tokens create a sense of urgency and exclusivity, driving interest and participation.
The Team Behind MurAll
The MurAll project is backed by a team of individuals with diverse backgrounds and expertise in blockchain development, design, and leadership. Here are some of the core team members:
- Keiron Gulrajani (Developer) - Keiron is the developer behind the MurAll crypto token. He has extensive experience in blockchain development, focusing on creating unique digital objects and harnessing the power and freedom that the blockchain provides.
- Toomas Oosalu (Developer) - Toomas is another developer on the MurAll team. His expertise in blockchain development and understanding of the blockchain's fluid, ungoverned nature contribute to the project's vision of freedom and expression.
- Paul Gulrajani (Designer) - Paul is the designer responsible for the visual aspects of the MurAll project. His role is crucial in creating a visually appealing and engaging platform that encourages creativity and freedom of expression.
- David Baga (Leadership) - David is a member of the Mural leadership team, dedicated to unlocking the hidden potential of every team by improving how people work together. His experience in leadership and teamwork contributes to the overall mission of MurAll.
- Felix Beccar (Leadership) - Felix is another member of the Mural leadership team. His expertise in teamwork and collaboration helps drive the vision of MurAll as a platform that fosters better teamwork from anywhere.
- Paul Bussi (Leadership) - Paul is part of the Mural leadership team and brings his experience in teamwork and collaboration to the MurAll project. His leadership skills help ensure the project's success in promoting better teamwork and collaboration.
Market Data and Performance
Understanding the market performance of PAINT is crucial for potential investors and users. Here are some key statistics:
- Current Price: $0.0001
- Market Cap: $696,130.48
- 24h Price Change: -3.61%
- 7d Price Change: -62.36%
- 30d Price Change: -66.63%
- 24h High: $0.0001
- 24h Low: $0.0001
- All-Time High: $0.0059 (2021-03-14)
- All-Time Low: $0.0000 (2024-03-05)
- Circulating Supply: 9,258,413,165.87
- Total Supply: 22,017,205,480.00
Future Prospects and Roadmap
MurAll has ambitious plans for the future, aiming to expand its platform and reach a broader audience. The team is focused on enhancing the user experience, introducing new features, and fostering a vibrant community of artists and collectors.
Upcoming Features
- Enhanced Drawing Tools: Introducing more sophisticated drawing tools to allow for more detailed and intricate artwork.
- Community Events: Hosting events and competitions to engage the community and encourage participation.
- Partnerships: Collaborating with other blockchain projects and