“ 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. ”
A big month for Star Atlas as they dropped the highly anticipated SAGE Labs and an equally big month for growth with the Atlas Grace funds.
We had a few of community members gifting ships & $POLIS. A bunch of $ATLAS added to the locker and some honorable mentions from the team, including CEO of Star Atlas Michael Wagner aka Swags. Lots to cover off on, so let’s dive right in.
Star Atlas Fleet Report
The fleet now consists of 98 ships & 11 Claim Stakes currently staked in Star Atlas Faction Fleet, earning 148.20 $ATLAS and approx. 75k R4 per day.
However with the recent spike in R4 costs, some ships are reportedly running at a negative. With this information we decided to remove them from Faction Fleet staking. Now that they are not consuming R4 generated from the wallets Claim Stakes, the excess R4 is being sold on the secondary market for a good amount of $ATLAS. In other words, there’s always a silver lining and an opportunity for those paying attention to the game. And yes, the game has already started!
Here’s what fleet we rockin’ :
13 x FIMBUL ECOS Unibomba
23x FIMBUL Airbike
3 x FIMBUL Lowbie
24 x PEARCE X4
1 x PEARCE X5
7 x VZUS Solos
23 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.
Locker Report
Polis Locker Balance (as of September 30th) is 6'555.72 $POLIS earning approx. 7.7 $POLIS per day.
The locker was at 6‘023.93 POLIS at the beginning of the month. 413.19 $POLIS was added and 229 $POLIS rewards were earned with 50% compounded back into the locker and 50% exchanged daily for USDC.
Atlas Locker Balance (as of September 30th) is 48'000 $ATLAS earning approx. 0.146 $POLIS per day as well as receiving a 10% fee reduction on surplus R4 sold on the secondary marketplace.
Donation Report
A Twitter poll was sent out for the Star Atlas community to vote on. We had 23 votes with almost 48% choosing Happy Hearts Indonesia as the beneficiary of this months funds.
With the Twitter post having links to the projects within the thread, we hope that this also brings awareness to the charities mentioned and inspires some to give directly.
4,500 Atlas emissions
114.98 Polis emissions
converted daily to USDC
Total = $20.75 USDC
The Happy Hearts Indonesia wallet address and record of the transaction can be found here using Solscan.
Quarterly Report
This quarter saw a decline in the price of $POLIS & $ATLAS which also meant a decline in $USC donated. Despite this, each month there was a significant increase across the Fleet size, Locker balance and R4 production. But by far the largest and most important growth was with our community and their support.
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.
