Thread by @AdamHODL

$DFS - dfsocial.com - DFSocial

Play your favourite games, monetize your skills and earn cryptocurrencies. DFSocial aims to bring together the services of decentralized finance protocols, and gaming for ALL.

coingecko.com/en/coins/defis…

𝟙𝟘𝟘𝕏'𝕊 𝕆ℕ𝕃𝕐

thread

1/19

Before I get started on the project, let me break down the tokenomics

Entry - $480
Circ Supply - 7500
Total Supply - 21000
Market Cap - 3.5M

Part of the CS is going to be burned to protect the sustainability and focus more on the gaming platform

defisocial.medium.com/1st-burn-event…

𝗖𝗢𝗠𝗣𝗘𝗧𝗜𝗧𝗢𝗥𝗦

There are a few main competitors to $DFS. These are:

$DFS is currently at a 3.5m MC
$XED is currently at a 50m MC
$CHAIN is currently at a 150m MC

The global gaming market was valued at 162 billion. I think it is safe to say the upside is incredible

👇

Supported games & tournaments as of right now

@LeagueOfLegends
@BrawlStars
@CSGO
Poker
Chess

The team is always up to supporting more games if the community wants it. From what I've seen, the team are extremely transparent, and community-driven

Below is Aprils calendar

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Up to this moment, only professionals and top gamers managed to earn reasonable income from playing games online

@DFSocial_Gaming aims to give opportunities to the everyday gamer, by providing regular tournaments with a wide range of rewards.

So how?

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DFSocial is the number one platform for expansive gaming, a bridge for the adoption of non-crypto players into the digital market space

DFSocial targets millions of users with a chance to play their favourite games and earn rewards.

defisocial.medium.com/dfsocial-gamin…

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DeFi Social Gaming uses on-chain smart contracts to monitor performance, that is unique in the crypto space. Through different formats of game rounds-players are rewarded for their performance relative to other players

What they're building is 𝗘𝗫𝗧𝗥𝗘𝗠𝗘𝗟𝗬 impressive.

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𝗥𝗢𝗔𝗗𝗠𝗔𝗣

So, whats next for $DFS?

Below I've attached the project roadmap and some of the things I'm most excited for:

> Mobile App / Wallet
> Betting system
> @paysafecard for rewards
> Introduction of NFTs
> Expanding games supported

defisocial.medium.com/news-updates-5…

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𝐅𝐀𝐑𝐌𝐈𝐍𝐆 / 𝐒𝐓𝐀𝐊𝐈𝐍𝐆 / 𝐆𝐀𝐌𝐈𝐍𝐆

There are MULTIPLE ways to generate a passive income by holding $DFS, staking and farming at +72% APY, but they also give rewards for gaming. You can play your favourite games for real-money rewards

dfsocial.com/token.html

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ᵐᵒʳᵉ

Just to add to this, the holders already know the long-term play is to HODL

4000 / 7500 circulating supply are staking in the contract earning 72% APY. This is the play I'm doing aswell

> No lockup period
> 1% deposit fee
> 0.5% withdrawal fee

etherscan.io/address/0x2ef1…

𝗧𝗛𝗘 𝘣𝘢𝘴𝘦𝘥 𝗧𝗘𝗔𝗠

The team are completely public, and all have EXTREMELY good experience when it comes to launching a project of this size. More on the team can be found on the link below, and pictures attached.

defisocial.gitbook.io/dfsocial-gamin…

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𝗠𝗬 𝗩𝗜𝗘𝗪𝗦

I personally think what they're building is absolutely incredible, and with it sitting around a 2-3m MC, the upside is tremendous. Personally, I am going to stick half of my stack in staking at 72% APY, and going to long-hold this token.

No target sells.

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𝗧𝗔 𝗣𝗢𝗩 - OUTDATED -

> Closing green above MA
> Solid break out above the 30 short MA
> Moving averages in a bullish config
> Solid uptrend in price action

As I always say though, FA > TA. And the FA here is HUGE hence why I consider it EXTREMELY undervalued

𝗧𝗔 - 10th April

There has been a surge in price with anticipation of the Circulating Supply burn going to take place, dropping the supply nearer to 6000 $DFS. This has also risen with the pump of $ETH recently

LONG TERM - UNDERVALUED
SHORT TERM - Could expect a retracement

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥

- I was not paid to do this tweet

- All my coins where purchased on the market

- All info in the thread is just my own research, and would advise you all to do your own before purchasing

- My average buys was around $430 - $460

🐸📈

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𝗦𝗢𝗖𝗜𝗔𝗟𝗦

Below I've compiled some of the $DFS socials I would advise you all reading before buying into the project.

Gitbook - defisocial.gitbook.io/dfsocial-gamin…

Coingecko - coingecko.com/en/coins/defis…

Twitter - @DFSocial_Gaming

Telegram - t.me/defisocial

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ᵐᵒʳᵉ 𝗦𝗢𝗖𝗜𝗔𝗟𝗦

Github - github.com/DFSocial/DeFi-…

Medium - defisocial.medium.com

Website - dfsocial.com

Staking Portal - dfsocial.com/staking.html

Farming Portal - dfsocial.com/farming.html

FAQ's - defisocial.gitbook.io/dfsocial-gamin…

ɴᴏᴛᴇ

Since writing this thread $ETH has broken ATH, and the entire market is green. I would personally wait to try accumulate around the $500 range, but regardless; the project is undervalued and see very minimal downside.

But as always, DYOR before entering a position

𝗔𝗦 𝗔𝗟𝗪𝗔𝗬𝗦

None of the above is financial advise, and would advise you all doing plenty of research before FOMOing in.

> Plan your entry and exit targets
> Only invest in what you believe in

Enjoy the writeup ♥️

𝐄𝐍𝐃 𝐎𝐅 𝐓𝐇𝐑𝐄𝐀𝐃