“ Demonstrating Star Atlas as a viable economic model to create change. Donating proceeds to IRL charities and a vision to providing web 3 education and tools for disadvantage youth in Cambodia. ”
2023 has kicked off a new phase for Atlas Grace, where we are now donating 100% of Faction Fleet emissions & 50% of Polis Locker emissions to IRL charities (remaining 50% of Polis being compounded for growth).
January was a humble beginning, raising $23.18 USDC. After putting a poll to the Star Atlas community, it was decided that the funds would be donated to Charity Water.
We used the donate tab on the Step Finance website to easily select the reputable charity and donate directly to their verified Solana address. The beauty of the blockchain means that there is full transparency and immutability of our donations.
You can find the transaction receipt here on Solscan for anyone interested:
With February being a shorter month, I had doubts we would raise more than January’s total, but after some big contributions and community members gifting Polis & ships to the cause, we were able to raise just over $30 USD. This was a milestone I thought wouldn’t be crossed for a number of months.
As February was drawing to an end, my focus was on finding suitable charities for the Star Atlas community to vote who they wished to receive the donations. But that soon became obvious after the recent Earthquakes in both Turkey & Syria.
Friend and fellow Star Atlas community member Lumina from the COEXIST guild took amazing initiative to raise funding, donations and awareness of the true devastation that had taken place, and after seeing this, it was a no-brainer that Atlas Grace would send the money raised to help support these efforts.
Also a notable mention and inspiration for us was from Venom of Scythe Guild who also raised over $300 USD in the Road to 100 event. All in all just a truly amazing example of Star Atlas community members coming together for a common cause.
Star Atlas Fleet Report
The fleet now consists of 75 ships currently staked in SCORE, earning approx. 99.24 $ATLAS per day (not including resources). After resources were purchased each day, 100% of the $ATLAS emissions were exchanged for USDC. Here’s the breakdown of what the fleet we rockin’ :
9 x FIMBUL ECOS Unibomba
18 x FIMBUL Airbike
1 x FIMBUL Lowbie
18 x PEARCE X4
1 x PEARCE X5
5 x VZUS Solos
21 x OPAL Jet
2 x OPAL Jetjet
Eventually SCORE gameplay will sunset, so these will remain in the wallet and be leased for free to Khmer youth in Cambodia. This will allow them to jump into the Star Atlas metaverse without the need for any upfront cost and have them earning their own assets within the play to earn economy.
POLIS Locker Report
Polis Locker Balance (as of February 28th) is 3,083.86 POLIS earning Approx. 4.5 POLIS per day.
The locker was at 2,420.63 POLIS at the beginning of the month. 600 POLIS was contributed and 118.0031 POLIS rewards were earned with 50% compounded back into the locker and 50% exchanged daily for USDC.
Donation Report
The goal for this month was to raise at least $25.00 USDC which we comfortably achieved after some big contributions by our friends in the Star Atlas community .
We will be soon sending this month’s donation to COEXIST Guild’s fund raising efforts which in turn will go to Ahbap.org who are on the ground supporting the Turkish & Syrian people.
The focus now turns to the month of March and I can only hope that we can get close to the $40 mark. Either way I’m starting to see the snowball and I couldn’t be more excited!
2,043.01 Atlas emissions
60.65 Polis emissions
converted daily to USDC
Total = $30.29 USDC
What’s Next For Atlas Grace?
Each month donations will be made to verified charity wallets and receipt of the transfer hash number will be made public for full transparency (this is the beauty of the blockchain). As mentioned Step Finance already has a number of reputable charities linked on their site to choose from. These choices will be posted for followers of the Atlas Grace Twitter page to vote on, which in turn will create community involvement and bring awareness to these causes.
If you have any questions or would like to know more about the Atlas Grace wallet, please do not hesitate to reach out to me on Twitter.