1/ $PYR isn't a #Metaverse project, it's THE project. Here's a break-down on the @VulcanVerse. I explain why it's my fav metaverse bag, and why I see a 5x-10x from here (not financial advice, DYOR). @Jaap_NL_ articles helped a lot with my research! #PlayToEarn#Metaverse
2/ @VulcanForged (VF), the creators of #vulcanverse (VV) and $PYR are an established NFT game studio and marketplace. The marketplace is where users buy and sell NFTs using the PYR token. The marketplace hosts NFTs from many projects, not just VFs.
3/ One of the best things about PYR is the tokenomics. First, there are no VCs to dump it. Second, more that 50% of the total supply is already circulating. Third, it is deflationary. Finally, there is also staking, with great ROIs.
4/ Like Axie, PYR has a scholar program (Cedalion). Getting up and running in a #P2E game is costly. A scholarship program allows guilds to cover costs for players in return for a cut of future earnings. This will bring massive amounts of players into the VV like it did for $AXS
5/ $LAVA is an in-game token you earn as a reward for playing VV games. You can use LAVA to upgrade your avatar, stats, etc. You need LAVA in order to play and grow in the VV. LAVA is a source of passive income, read more here bit.ly/3Fl2iSj
6/ Earning passive income requires you to lock up PYR. Locked up PYR will be out of circulation, which lowers the supply of available PYR. Low supply and high demand leads to high prices. The LAVA program will cause a supply shock that will boost PYRs price and keep it high
7/ Vulcan Dex is another cool feature. It allows you to trade PYR for LAVA or other gaming tokens, even non VV tokens. If a gamer plays multiple #P2E games they might want to use $LAVA they earned to buy $SAND, the dex allows them to do that. The dex requires $PYR for liquidity!
9/ Requiring PYR for liquidity means more demand and a higher price. Do a deep dive into VV you'll see how carefully it has been designed to drive PYRs value to the moon. The features I've shared are only a small part of the VV. DYOR, this is not financial advice.
10/ PYR recently announced $SAND is coming to the DEX and a cross-character collab. If you stake the PYR SAND LP token you can actually earn VV and SAND #NFTs. This is just the first partnership, I suspect more are coming.
11/ Finally, I think that $PYR is going to be on Binance soon. Today they announced Binance Smart Chain integration. I think Binance is next. This is just my opinion, but if that happens 🚀🚀🚀
12/ This is why I am so bullish on PYR. VulcanVerse is the most exciting and well thought out metaverse game I have come researched. @VulcanForged is a full-fledged game studio, an NFT marketplace, a gaming token DEX. This project has so much going for it!
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1/ $BTC is dipping. I see a lot of degens are trying to pick a bottom and go all in. That's not how you buy the dip. Everyone tells people to #buythedip, but nobody explains how. This is how I buy dips on #bitcoin and all my #alts.
2/ I always keep a healthy dip fund so that I can buy major dips like this one. Imagine my dip fund is 50k and I want to buy 5 cryptos in this dip, I dedicate 10k to each. You could dedicate more to one or less to the other. I am just keeping numbers easy.
3/ If I want 10k worth of BTC, but when do I buy? I scale in at support or on breaks of support. When a major support breaks and price settles, I scale in. I might not buy every support if bearish momentum is strong, this is just a rough outline.
- Winklevoss twins
- Chad Hurley (YouTube)
- Manuel Bronstein (Roblox)
- Mark Pincus (Zynga)
When billionaires invest in a #gamefi project. It's got my attention. #P2E
2/ It's not just their investors. They've developed revolutionary tech that allows you to embed AAA level games anywhere, like in this tweet, and you could play it instantly. No app, no download, no data intensive streaming like Googles failed Stadie. This is something new.
3/ The big issue with many P2E games is that they look like they were programmed by a 14-year-old kid in 2010. Artie is different. They've been building for three years, their team comes from Riot Games, Activision, Infinity Ward, Zynga, Disney n more.
Games have had full-fledged gaming coin economies since before Satoshi dreamed up #Bitcoin.
Look at Runescape, the economy is arguably more complex than that of any #GameFi economy to date. It's had several periods of inflation and deflation over Runescape's 20 year lifespan. Chart below tracks from 2008. Source: runescape.wiki/w/RuneScape:Gr…
Games like CSGO have an economy built around loot boxes and skins. Secondary marketplaces exist, third-party gambling sites, charting and price tracking. Even this market has peaks and troughs, 2021 saw a huge pump precipitated by a reduction in supply, followed by a dump.
1/ This is a rough break-down of how I played $NAKA. I did some stuff right, some stuff wrong. Some got me hate, some got me love. I was just being honest throughout. No shade on $NAKA, I think they are decent long term.
2/ The first phase was the entry and rally. This was easy money. Pic below is from memory, it gives you a rough outline of how I played it. Example starting investment $5k. By the time the dip started I put 5k in and had 12.5k out. Maths done in my head, it might be off.
3/ This part I did not do as well. I bought the dip at 3.1, which did nothing for me. I sold all at 2.9 because the Evergrande FUD had me convinced the market would dump and I could buy back cheaper. Two days later I warned everyone about token unlock dumps incoming.