The Quest of Evolution: Write-2-Earn Multimedia NFTs

Amidst the rise of the crypto writer in the book world, The Quest of Evolution offers a unique “Write to Earn” method where anyone can participate without the need for voting or DAO participation.

Literary NFT projects like The Quest of Evolution are revolutionizing and rewriting the Web3 publishing narrative. The platform is aimed at real artists and gives them a means to monetize their creative works.

When NFTs or non-fungible tokens flooded the internet, there was no room for authors to experiment with form, publish and monetize directly and immediately without any traditional publishing gatekeepers.

Literary NFTs give authors the opportunity to limitlessly explore their creation without worrying about publishers’ opinions. Moreover, it is not difficult to understand what NFT’s creative space can mean for otherwise underpaid writers.

With NFTs, there are many new ways for writers to get their work out into the wider world. Let’s take a look at The Quest of Evolution!

What is the quest for evolution?

The Quest of Evolution is a decentralized collaborative framework where artists can create value together and reap the benefits, while continuously donating to social causes.

It induces and collects artistic collaborations to create masterpieces that have monetization value for third-party licenses in major industries such as film, merchandise and games.

The platform is a revolutionary reinvention of the creative process that breaks away from conventional methods.

The Quest of Evolution seeks to empower all struggling artists by giving them a means to create moving IP vessels that gain value through collaboration and have greater licensing value across other major industries such as film, merchandise, publishing, gaming and the metaverse.

The profits and gains generated will benefit the entire community of creatives, as opposed to a small group of managers and investors as is often the case in traditional industries.

Many worry about technology negatively affecting younger generations and taking them away from traditionally valuable experiences, such as reading a book.

But when you review some of the technological leaps of the last century with computers, video games and social media, you can see that they have also led to innovation and collaboration between people around the world.

By combining advanced blockchain NFT technology with the simple beauty of writing a story, The Quest of Evolution creates a new launch pad for writers and artists.

Crypto novels

MVP, a framework called “Crypto-Novels,” is the first of their collaborative frameworks, which are a collection of Write-2-Earn multimedia NFTs that allow users to add text to ongoing stories in exchange for royalties and tokens.

Each crypto novel is composed of a scarce collection of NFTs designed, scored and written by a distinctive combination of artists known as ‘Architects’.

The collection of unique multimedia NFTs composed of visual art, a soundtrack and a first paragraph, all known as “sparks”. There is a special social cause and charity is allocated to each novel before launch.

Not only that, the opening section of each NFT, known as ‘Spark Verses’ written by an ‘Architect’, is also designed to plant an underlying theme that inspires and creates coherence in collaboration.

Subsequently, the Krypto novel will become a vessel of intellectual property rights, packaging contributions from people around the world.

Four variable writing parameters structure contributions within Crypto-Novels that can be used individually in combinations.

Here they are:

• Infinite: Enter an NFT and create an infinite story.
• Finite: A limited number of entries per NFT rounding out the story.
• Chain: Not knowing an NFT chapter until the previous final story is completed.
• Editions: Several, but limited, copies of each NFT.

How The Quest of Evolution works

When you buy these NFTs, you can log into the site using their MetaMask wallet and add a certain amount of words to the ongoing text of that specific NFT. This creates a living NFT that constantly evolves and rewards the user’s contributors.

When you contribute the text of an NFT to become a contributor, you will have access to a share of a global royalty pool that collects 10% from every NFT sale in the ecosystem.

You also get access to a bonus royalty pool that will pay them directly if the rights to that novel are licensed to third parties.

In addition, you will also be rewarded with 200 $QEV tokens, which offer DAO membership, rewards from the profitability of IPR licensing and other benefits in The Quest of Evolution ecosystem.

A contributor also gets access to gated Discord channels with all stakeholders in that novel, including the architects. This is a unique value proposition to get closer to your fans.

You can then resell the NFT for the next user to add to the current text.

The Quest of Evolution deploys its Smart Contracts on the Moonbeam Network, a Polkadot smart contract parachain. Therefore, royalties will be paid in GLMR (Glimmer), Moonbeam’s native utility token.

To redeem your royalties $GLMR as well as your $QEV tokens, you need to login to your crypto wallet and the asset will be delivered directly to your wallet address.

Royalties will be paid immediately after contribution to an NFT while $QEV tokens will take 72 hours to be redeemed.

The NFTs in each crypto novel will be auctioned exclusively on MyNFT.com, a new marketplace on the Polkadot network that allows fixed price sales through an innovative auction process known as The GMB Auction system.

This is an intuitive system that rewards bidders when they are outbid.

Tokenomics

$QEV Token, pronounced Kev, is The Quest of Evolution native token. It represents ownership in the DAO and in the IP rights produced by the community as a whole.

The $QEV token is a hybrid utility and reward token that represents the IP.

The total $10,000,000 QEV of the token supply is distributed as follows:

• Ecosystem 25%
• Platform Treasury 15%
• Architects 10%
• DAO Treasury 15%
• Join Incentives (Airdrops) 2.5%
• Joint sales 5%
• Founder and team 12.5%
• Seed round (private investment) 10%
• Advisors 2.5%
• Market liquidity 2.5%

What makes The Quest of Evolution work outstanding

Writing as a profession is a long, long game, as writers invest not only in writing a book, but also in finding a publisher. Since it can be extremely long, painful and more often than not ends in failure, it is very discouraging.

We can also miss many great works that were simply never made because the author had to get a “day job” before they were discovered. In other words, they lost the chance to write a wonderful book.

By buying and contributing to the crypto novels, people will earn rewards from all future sales of NFT in perpetuity, ownership in the DAO and IP rights.

The platform also incurs huge licensing value in sectors such as film, Metaverse, game design and many more by aggregating and organizing the goods for intellectual property rights in the form of the stories, music and visual art found in the crypto novels.

To date, the team has raised $400k in investments from firms such as Zee Prime Capital and Peer Venture Partners.

Quest of Evolution could change writing forever

The Quest of Evolution model gives writers freedom of expression and a “Write to Earn” method from creative works. It’s a new tool to help great writers get noticed and find ways for writers to start making money faster.