Depreciation & Renew

These are demo attributes and stats, not official. We will update and change continuously during product development.

Given the durability and daily repair operations, NFTs will still depreciate over time, corresponding to the newness level.

Newness index decreases by 1 every day. When it drops to 0, the owner will need to Renew the NFT, which consumes the following materials

The NFT might transform its elements after each Renew session.

Rank	Newness	Renew Fee	Renew Kit
Common	60	100 FITM	1
Uncommon	60	100 FITM	1
Rare	65	120 FITM	2
Epic	65	120 FITM	2
Legend	70	200 FITM	3

Depreciation is a practical and important feature for defining a new cycle of reinvestment, which is an essential for Ponzi-free economic modeling. The player, hence, will have to optimize the asset's yield over its lifecycle (in this case, NFT).