“ 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. ”
More exciting growth for the Atlas Grace wallet for the month of May! If you’re looking at the amount of USDC raised this month, you may think otherwise. And you are correct, we are for the first time this year donating less than the previous month. However… this is the nature of crypto, some months go up, some months go down. Overall the Star Atlas token prices have been at lull which is why we weren’t able to donate as much as we had liked. The good news is that we will have some months where we are able to donate an exponential amount. Our vision has always been long term and we can only imagine what is possible in 12 or 24 months time from now.
If you are to compare how much we are raising in $ATLAS and $POLIS to previous months then we are certainly growing in that respect, this is also in tandem with our community of supporters and awareness within the Star Atlas community. Something that took me by surprise was that the resources used to resupply the ships wasn’t depleting, rather they were growing! After a quick look through the transaction history on Solscan I realized that there have been several wallets regularly donating their hard earned resources to Atlas Grace. I’m continually humbled at the trust and generosity the community is showing to myself and to the Atlas Grace project. Needless to say I am truly grateful!!
Star Atlas Fleet Report
The fleet now consists of 88 ships & 11 new Claim Stakes currently staked in Star Atlas SCORE, earning 139.66 $ATLAS and approx. 16k R4 per day. With the addition of the Claim Stakes now in service and the community donations of resources, we haven’t had any need to purchase resources from marketplace in order to maintain the fleet, which in turn means more $ATLAS can be donated at the end of the month. Now for a breakdown of what fleet we rockin’ :
11 x FIMBUL ECOS Unibomba
22 x FIMBUL Airbike
3 x FIMBUL Lowbie
20 x PEARCE X4
1 x PEARCE X5
6 x VZUS Solos
21 x OPAL Jet
4 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 and earn economy.
POLIS Locker Report
Polis Locker Balance (as of May 31st) is 5277 POLIS earning approx. 7.5 POLIS per day.
The locker was at 4606.75 POLIS at the beginning of the month. A whopping 586.43 POLIS was contributed and 226.2 POLIS rewards were earned with 50% compounded back into the locker and 50% exchanged daily for USDC.
Donation Report
A Twitter poll was sent out for the Star Atlas community to vote on. We had 20 votes with 50% choosing charity: water as the benificiary of this months funds. We had donated to them back in January of this year and it was nice to continue our support of the work they are doing around the globe.
4,256 Atlas emissions
131.37 Polis emissions
converted daily to USDC
Total = $30.33 USDC
We used the “Support Charities” tab on the Step Finance website to donate to the verified charity: water wallet address. The beauty of the blockchain allows for full transparency and immutability of our donations and the hash receipt can be found here where you can view using Solscan
What’s Next For Atlas Grace?
We will continue to donate monthly to IRL charities using the Star Atlas Fleet & Locker staking rewards. The longer vision is to set up a physical location in Siem Reap Cambodia where teens & young adults can have a safe and fun environment to learn, game & make friends not only in their local area but online amongst THE BEST web3 gaming community out there.
As many of you may already know, Siem Reap is a place near and dear to my heart. I spent more than 5 years teaching, mentoring and building friendships and connections there. I hope to return in 2023 where I can once again continue this work, setting up gaming computers, holding free workshops and teaching financial literacy, 3D & graphic design and of course all things Star Atlas.
I look forward to bringing you more good news in next month’s report. If you found this report worthwhile please follow along on Medium & Twitter.
