Smart Contracts ๐Ÿค–๐Ÿ“œ

Meme Alchemy utilizes multiple smart contract modules to manage the lifecycle and interactions of Meme NFTs. The core contract modules include:

  • NFT Management Contract ๐Ÿ—๏ธ:

    • Responsible for minting, transferring, burning, and metadata updates of Meme NFTs.

    • Users can mint newly created Memes as NFTs ๐ŸŽจ or update NFT attributes during evolution (e.g., replacing image/video hashes or upgrading Meme DNA data ๐Ÿงฌ).

    • To prevent abuse, only NFTs that meet evolution conditions can call the update function, and a small $MEAL fee may be required.

  • Fusion & Evolution Contract ๐Ÿงช:

    • Defines the rules and processes for Meme fusion (combining two Meme NFTs into a new one) and evolution ๐ŸŒ€.

    • Users submit two NFTs, pay the required fee, and the contract verifies DNA compatibility.

    • The AI engine then generates new Meme content, and the contract mints a new NFT and assigns it to the user.

    • In Meme evolution, the contract follows a predefined algorithm (e.g., accumulated likes, holding duration) to determine if an NFT qualifies for evolution.

    • If eligible, the user can trigger the evolution function to generate an upgraded version of the Meme NFT.

    • A secure random number oracle (such as Chainlink VRF ๐Ÿ”—) introduces genetic mutations ๐ŸŽฒ in fusion and determines random battle outcomes โš”๏ธ, ensuring fairness and unpredictability.

  • Trading & Rewards Contract ๐Ÿ’ฐ:

    • Manages $MEAL token payments, rewards distribution, and fee handling.

    • When users trade NFTs, the contract deducts the buyerโ€™s $MEAL balance and transfers the NFT, while allocating funds between the seller, creator royalties, and the platformโ€™s ecosystem fund.

    • Competitive Meme Battles โš”๏ธ and leaderboard events are also managed through this contract.

    • Based on battle results or ranking scores ๐Ÿ†, the contract automatically distributes $MEAL rewards ๐Ÿ’ธ or special NFT prizes ๐ŸŽ–๏ธ.

    • Additionally, a portion of fees collected from transactions or battle winnings is burned ๐Ÿ”ฅ to support token deflation, helping increase the long-term value of $MEAL.

Automated & Transparent Execution ๐ŸŒ๐Ÿ”

Meme Alchemy fully automates the processes of Meme creation, evolution, trading, and battles through smart contracts, reducing human intervention and eliminating centralization risks ๐Ÿš€.

All key data and rules are recorded on-chain, allowing users to verify every transaction and evolution process transparently ๐Ÿ”. This autonomous and verifiable system ensures the trust and reliability of the platform while laying a strong foundation for future expansions, such as introducing new gameplay mechanics or rule adjustments ๐ŸŽญ๐Ÿ”ฅ.

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