FAQs

Thorhead is an ERC-721 compatible token on the VeChain blockchain. If that doesn't mean much to you, that's ok! Keep reading below!

The purpose of Thorhead is a bit different from most other NFT projects.

The goal is to demystify NFTs in a way that is as accessible as possible, emphasizes VeChain platform education, and broadens the gateway into other VeChain projects, all while having fun.

Thorhead is not built to make massive amounts of money (although, with some of the more rare holographic ones, that is entirely possible). Instead, it is designed to be an approachable on-ramp to understanding and engaging with the VeChain ecosystem. The dream is for Thorhead to be the first NFT that your technology-indifferent grandpa mints. And with the incredibly low cost, that first mint can be a fun, educational experience.

100 VeThor (VTHO)

No. There are extensive details on the math behind this decision here, but the shortest version is: statistically speaking, we will run out of VeThor a million times over before every permutation of Thorhead attributes is minted.

Rarity is calculated based on statistical likelihood of an attribute being selected at random via a weighted distribution (in-depth implementation details can be found here). The lower the percentage chance of that attribute being selected, the higher the rarity value. The final rarity number is a sum of all the attributes' rarity values. A full detailed breakdown can be found on the rarities page.

Yes. The randomness is calculated using Erlang's :rand module and a weighted distribution (in-depth implementation details can be found here).

Currently, you can ReMint Thorhead by burning three of your Thorhead in exchange for another mint. This exercises the same randomness mentioned above each time. Every mint has the same odds as every other mint.

On the horizon, staking and referral functionality will be added. But, these features will, first and foremost, serve the goal of educating people about these concepts and their technical underpinnings.

Probably never. As stated above, the purpose is to give newcomers to VeChain a low-cost opportunity to interact with the blockchain and begin understanding what makes VeChain so special. So any feature development or project collaboration will serve that end goal.