. coin went from a FREE Airdrop to ~$1,500USD each!
Why? What is it? Is there longevity?
Let's Discuss. @DontBuyMeme
1/ Thread 👇
Why? What is it? Is there longevity?
Let's Discuss. @DontBuyMeme
1/ Thread 👇
2/ Tokenomics.
28,000 Supply.
26,000 airdrop to 73 ppl who filled out a form on Telegram.
Rest, 2,000 tokens were used to provide liquidity on @UniswapProtocol.
LP Tokens sent to @VitalikButerin wallet. 🤣. They can never be withdrawn = No rug pull possible.
28,000 Supply.
26,000 airdrop to 73 ppl who filled out a form on Telegram.
Rest, 2,000 tokens were used to provide liquidity on @UniswapProtocol.
LP Tokens sent to @VitalikButerin wallet. 🤣. They can never be withdrawn = No rug pull possible.
3/ Concept.
Deposit tokens on either the website or ETH-MEME Uniswap pair allowing you to earn the regular 'liquidity provider' fees/revenue AND 'points' you can redeem for MEME NFTs.
Deposit tokens on either the website or ETH-MEME Uniswap pair allowing you to earn the regular 'liquidity provider' fees/revenue AND 'points' you can redeem for MEME NFTs.
4/ NFTs.
This is the key part.
The NFT's you can redeem have capped supply.
Providing ETH-MEME liquidity, you can redeem them for 'Legendary cards' with supply of only 10.
Staking MEME on the site, you can redeem for cards that are rare or common. (/100 or /1000).
This is the key part.
The NFT's you can redeem have capped supply.
Providing ETH-MEME liquidity, you can redeem them for 'Legendary cards' with supply of only 10.
Staking MEME on the site, you can redeem for cards that are rare or common. (/100 or /1000).
5/ NFT Sales.
Those that were quick to claim the first Legendary cards sold them asap on @opensea.
For...47 & 78 ETH!
Remember, there's only 10 of these available.
Those that were quick to claim the first Legendary cards sold them asap on @opensea.
For...47 & 78 ETH!
Remember, there's only 10 of these available.
6/ Suddenly De-Fi & NFTs have a real intersect.
Considering you can earn pretty good yield AND NFTs that sell for decent ETH more is being bought to be staked.
Since a lot is locked up the price is rising quickly.
Recently got a @Poloniex listing.
Considering you can earn pretty good yield AND NFTs that sell for decent ETH more is being bought to be staked.
Since a lot is locked up the price is rising quickly.
Recently got a @Poloniex listing.
https://twitter.com/Poloniex/status/1308111327253143552
7/ Longevity.
Is there more to this?
Yes. A LOT More.
They are now doing Artist drops/collabs. First one being @sven_eberwein.
You need to stake towards the Sven pool. Again, locking up more Tokens.
Is there more to this?
Yes. A LOT More.
They are now doing Artist drops/collabs. First one being @sven_eberwein.
You need to stake towards the Sven pool. Again, locking up more Tokens.
8/ So imagine they continue.
Regularly doing Artist Collabs to incentivise more being locked up.
token will go up. Happening.
Artist get exposure to De-Fi community
De-Fi get into NFTs.
It's a HUGE win for the whole industry.
Regularly doing Artist Collabs to incentivise more being locked up.
token will go up. Happening.
Artist get exposure to De-Fi community
De-Fi get into NFTs.
It's a HUGE win for the whole industry.
9/ The lucky 73 people who were airdropped 355.5 each would have been worth ~$560,000+ if they sat on them.
Lucky or smart?
Regardless, this space is a HOTBED of creativity with mad money moving through it.
De-Fi protocols currently have 9.5BILLION $ locked up in them.
Lucky or smart?
Regardless, this space is a HOTBED of creativity with mad money moving through it.
De-Fi protocols currently have 9.5BILLION $ locked up in them.
10/ Potential.
Could be huge if they partner with artists and keep incentives aligned.
Don't know whether at $1,600 USD per token it's a good entry point BUT there's something strong here.
As more people collect NFTs, more want to stake which could drive price higher.
Could be huge if they partner with artists and keep incentives aligned.
Don't know whether at $1,600 USD per token it's a good entry point BUT there's something strong here.
As more people collect NFTs, more want to stake which could drive price higher.
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