0xRafi Profile picture
11 Apr, 6 tweets, 4 min read
1/ Amazing news @kickpad_org $KPAD's 2nd IDO will be @MistNft, the first open world action RPG game (think Diablo or Runescape) centered around NFTs.

Reading through the details, it’s really impressive how well #NFTs and $MIST tokens will be integrated into the game-play.
2/ For starters, anything from weapons, to armour or spells will be represented by NFTs that can be earned through in-game events, slaying monsters, etc. These NFTs can be bought & sold both through in-game auction houses or through the usual off game NFT market places.
3/ $MIST is the in-game currency which can be used to buy NFT items, buy farmland or businesses to earn yield from them (quite the literal definition of yield farming), and much more

$MIST can be earned by completing missions, slaying monsters, selling NFTs, etc
4/ You can tell that a great deal of effort has gone into creating a game that integrates NFTs into the gameplay in a useful and fun way.

Imagine a game where slaying a monster and getting that rare sword is not only a great gaming achievement, but also worth a lot of money?
5/ Mist was developed with @unity3d, one the top cross-platform game engines, and the team has created a whole new “Mist NFT Game Framework”, that can later be licensed to be used by other projects (much like the @enjin $ENJ framework).
6/ Considering @kickpad_org’s 1st IDO, $ORK, did an instant 20x and imo will still go much higher, and that $ALICE is trading over 100x from IDO, I expect $MIST to do very well.

Keep an eye out for more IDO details, and in the meantime, enjoy the trailer

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More from @0xRafi

12 Apr
1/ $SOME @MixsomeCash (mixsome.cash) is a promising project that will be coming out soon.

Mixsome will be a user friendly, low-fee solution to go from fiat onramp to deploying complex DeFi strategies in a few clicks, making DeFi more accessible to the general public. Image
2/ Mixsome will allow the execution of investment strategies (“DeFi flows”) by wrapping up multiple transactions into a joint transaction executed by a single smart contract. And where it gets very interesting is that Mixsome will use xDai to execute part of these transactions Image
3/ By using xDai, they will drastically reduce gas fees for users. A strategy that would usually involve 3 or 4 gas hungry txs on ETH L1, will now involve two simpler bridging txs (to get in and out of the xDAI sidechain) and all the remaining complex txs will happen on xDAI.
Read 12 tweets
3 Apr
1/ $AC @NUTSFinance (acoconut.fi).
Here is a low-cap gem that is bringing cross chain liquidity and yield aggregation to $BTC, with a platform already live on Ethereum and BSC, and more blockchains to come.
This is a <$10M MCap, $BADGER ($326M) meets $MTA project...
2/ Just looking at the team and some of the project’s backers, we can see that @NUTSFinance has high ambitions. The team includes former managers/partners/employees of S&P Global, China Growth Capital (VC fund with over $1.2bn AUM), Google and Yahoo, to name a few.
3/ Angel investors include the co-founder of $DODO and the former head of Apac for @Ledger, and in February the project received a $500k strategic investment from @Block_Ark. Considering this was an under $5M MCap project at the time, this is a major vote of confidence.
Read 25 tweets
28 Mar
1/ $ALCX @AlchemixFi (alchemix.fi)
This one most of you already know, but their product is so unique and there’s so much bullish stuff coming for Alchemix that it still deserves a thread. Because come on, loans that repay themselves! What’s not to love about this?
2/ To put it in more accurate terms, $ALCX actually gives you an advance on the future yields on your deposits. So imagine depositing funds in a @iearnfinance vault, but instead of seeing your yield returns grow over time, receiving an advance on these yields right away.
3/ Alchemix does this precisely by depositing funds on yearn vaults, so that these funds can generate yield, and by minting a synthetic stable coin alUSD that users receive in exchange of their deposits, and that represent the advance on future yield.
Read 23 tweets
23 Mar
1/ $EGT @ElasticDAO (elasticdao.org). A super innovative approach to governance, an elastic token backed by $ETH reserves, some brilliant game theory, and an amazing team including former @SushiSwap devs..

This is the most excited I’ve been about a project in a while.. Image
2/ @ElasticDAO is a platform to manage decentralised organisations and make governance fairer.
Projects will be able to launch their DAOs and governance tokens through the platform, and ElasticDAO itself is the first of them all, with $EGT as its governance token.
3/ IMO, ElasticDAO’s solution to governance achieves three main goals. It is whale proof, it is free-rider proof, and it is very much a “skin in the game” approach where token holders are directly incentivised to participate and contribute to the project’s success.
Read 23 tweets
17 Mar
1/ $MONA

One of the many innovations in @DIGITALAX_'s NFT gaming ecosystem that we didn’t have room to cover in our joint thread with @CryptoSpider1, is the possibility for top gamers to get sponsorships from major brands and to use their branded digital garment NFTs in-game. Image
2/ Successful gamers within the @ESPA4play platform can be voted by $MONA token holders to be eligible to receive in-game fashion brand sponsorships through a quadratic funding vote (meaning 10 people voting with 1 $MONA have more voting power than 1 person voting with 10 $MONA)
3/ The fashion brand will then fund $MONA amounts to a Player Development funds pool, which will be used to sponsor the selected players both through $MONA pay-outs and by providing branded digital fashion skins for them to wear in-game.
Read 6 tweets

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