HPEG is a new type of NFT in the HYPEPEG ecosystem. It uses the latest V3 mechanism to fully render a unique 64x64 pixel collectible image entirely on-chain, without external storage or IPFS.
HPEG is A New Type of On-Chain NFT.
Each HPEG image is bound to a specific amount of HPEG. When a buy transaction occurs, on-chain logic generates a hash code that includes layers, colors, rarity traits, and original owner information.
This hash value is the input. The SVG renderer reads it and generates a one-of-a-kind pixel cat image. It is not a pre-uploaded static picture, but a collectible object generated in real time from on-chain data.
The appearance of HPEG is determined by market activity. Every buy transaction involving the liquidity pool produces a new on-chain number. The system generates the corresponding number of NFTs based on the amount purchased.
By default, every 1 HPEG generates 1 basic Drift Rare. When purchase amounts reach specific thresholds, some NFTs are upgraded to higher rarities, creating a tiered rarity generation mechanism.