1/ In the past 24 hours, Wolf Game has more secondary sales than:
π¦ Bored Ape Yacht Club
𦧠Mutant Ape Yacht Club
π‘ Sandbox
π§ CryptoPunks
COMBINED!!
That's over 4.3K ETH secondary sales
π¦ Bored Ape Yacht Club
𦧠Mutant Ape Yacht Club
π‘ Sandbox
π§ CryptoPunks
COMBINED!!
That's over 4.3K ETH secondary sales
2/ Thereβs a lot to this project:
πΊ ERC-721 tokens (Wolves and Sheep NFTs)
π° ERC-20 tokens ($WOOL)
π€ Staking/Unstaking mechanics
Letβs break it all down + explain how to make certain decisions:
πΊ ERC-721 tokens (Wolves and Sheep NFTs)
π° ERC-20 tokens ($WOOL)
π€ Staking/Unstaking mechanics
Letβs break it all down + explain how to make certain decisions:
3/ Game Basics.
10,000 Gen 0 NFTs minted via ETH.
40,000 Gen 1 NFTs minted via $WOOL.
90% of them are Sheep. 10% are Wolves.
10,000 Gen 0 NFTs minted via ETH.
40,000 Gen 1 NFTs minted via $WOOL.
90% of them are Sheep. 10% are Wolves.
4/ Staking Basics.
Staked Sheep accumulate 10,000 $WOOL / day.
Staked Wolves accumulate $WOOL in two ways:
1. A proportion of the 20% claiming tax paid by any Sheep claiming their $WOOL.
2. A proportion of the stolen $WOOL when Sheep are unstaked.
Staked Sheep accumulate 10,000 $WOOL / day.
Staked Wolves accumulate $WOOL in two ways:
1. A proportion of the 20% claiming tax paid by any Sheep claiming their $WOOL.
2. A proportion of the stolen $WOOL when Sheep are unstaked.
5/ Additional Staked Wolves Benefit.
Staked Wolves have a 10% chance of stealing newly minted Gen 1 NFTs.
The Wolf Alpha value decides which Wolf receives the stolen NFT.
Staked Wolves have a 10% chance of stealing newly minted Gen 1 NFTs.
The Wolf Alpha value decides which Wolf receives the stolen NFT.
6/ $WOOL utility.
$WOOL can be used to mint new Wolf Game NFTs aka Gen 1 Sheeps and Wolves.
There is a maximum 5 billion $WOOL.
There are a possible 40,000 Gen 1 NFTs made up of 10% Wolves and 90% Sheep.
$WOOL can be used to mint new Wolf Game NFTs aka Gen 1 Sheeps and Wolves.
There is a maximum 5 billion $WOOL.
There are a possible 40,000 Gen 1 NFTs made up of 10% Wolves and 90% Sheep.
7/ Wolves Alpha Values.
Each wolf has an Alpha Value.
Higher Alpha =>
1. Higher portion of $WOOL the Wolf earns from Sheep claim taxes
2. Higher probability to receive a stolen Gen 1 NFT
Each wolf has an Alpha Value.
Higher Alpha =>
1. Higher portion of $WOOL the Wolf earns from Sheep claim taxes
2. Higher probability to receive a stolen Gen 1 NFT
8/ Decision 1: Why buy Sheep?
Sheep has a steady flow of $WOOL through staking.
If more people buy into the game, both Sheep tokens and $WOOL tokens become more valuable.
Current APY of 30,000% is insane. More return than Gen CyberKongz.
Sheep has a steady flow of $WOOL through staking.
If more people buy into the game, both Sheep tokens and $WOOL tokens become more valuable.
Current APY of 30,000% is insane. More return than Gen CyberKongz.
9/ Decision 2: Why buy a Wolf?
Here, you are betting on one of three cases:
1. Sheep want to either claim their $WOOL to sell
2. Sheep want to unstake their sheep entirely to sell
3. More new Gen 1 NFTs will be minted with $WOOL
Here, you are betting on one of three cases:
1. Sheep want to either claim their $WOOL to sell
2. Sheep want to unstake their sheep entirely to sell
3. More new Gen 1 NFTs will be minted with $WOOL
10/ Decision 3: Why buy $WOOL?
$WOOL is a bet that more people will want to partake in the tokenomics of the Wolf Game.
Tactically, you can buy $WOOL to mint a new Gen 1 NFT to partake in the games.
Potential burning mechanics...
$WOOL is a bet that more people will want to partake in the tokenomics of the Wolf Game.
Tactically, you can buy $WOOL to mint a new Gen 1 NFT to partake in the games.
Potential burning mechanics...
https://twitter.com/wolfdotgame/status/1462155434857582602?s=20
11/ Wolf Game Risk #1.
APY is currently unsustainable.
Some folks have made multiple Xs their initial investment in a day.
New folks are now FOMOβing into this project after seeing those crazy returns.
APY is currently unsustainable.
Some folks have made multiple Xs their initial investment in a day.
New folks are now FOMOβing into this project after seeing those crazy returns.
https://twitter.com/beaniemaxi/status/1461868733719359489?s=20
12/ Wolf Game Risk #2.
The Gen 1 minting is paused.
This has created a supply shock that has resulted in astronomical prices (for a new project).
What happens when minting resumes and supply increases sharply?
The Gen 1 minting is paused.
This has created a supply shock that has resulted in astronomical prices (for a new project).
What happens when minting resumes and supply increases sharply?
https://twitter.com/wolfdotgame/status/1462071280807694348
13/ Wolf Game Risk #3.
$WOOL is only as valuable as the attention the project receives.
Folks are interested because the tokenomics are novel and APY is sky high.
What happens when thereβs a new project that receives more attention?
$WOOL is only as valuable as the attention the project receives.
Folks are interested because the tokenomics are novel and APY is sky high.
What happens when thereβs a new project that receives more attention?
14/ Wolf Game Risk #4.
Anonymous developers.
Not necessarily a bad thing (look at how BAYC started), but itβs something that should be heavily considered in any new NFT project.
Anonymous developers.
Not necessarily a bad thing (look at how BAYC started), but itβs something that should be heavily considered in any new NFT project.
15/ Wolf Game Bull Case #1.
The developers are paying themselves in $WOOL.
This means their incentives are aligned to make this game popular and make $WOOL valuable beyond just the current utility present.
The developers are paying themselves in $WOOL.
This means their incentives are aligned to make this game popular and make $WOOL valuable beyond just the current utility present.
https://twitter.com/wolfdotgame/status/1462275928210481157
16/ Wolf Game Bull Case #2.
The developers are web3 experts.
They did not simply copy and paste a smart contract.
They understand how to optimize contract sizes and the nuances of game theory.
Bet on the jockey, not the horse.
The developers are web3 experts.
They did not simply copy and paste a smart contract.
They understand how to optimize contract sizes and the nuances of game theory.
Bet on the jockey, not the horse.
17/ Wolf Game Bull Case #3.
Wolf Game is to DeFi as NFTs are to Crypto.
Owning 500 $OHM is not as fun as owning a few Wolves with high alpha values and the adrenaline rush of stealing a newly minted wolf.
Wolf Game is to DeFi as NFTs are to Crypto.
Owning 500 $OHM is not as fun as owning a few Wolves with high alpha values and the adrenaline rush of stealing a newly minted wolf.
https://twitter.com/beaniemaxi/status/1461544328459952135?s=20
18/ Wolf Game Bull Case #4.
The entire game is on-chain.
There is no promised roadmap AND the project has greatly succeeded.
Even with anonymous developers, Wolf Game has clearly tapped into our DEGEN tendencies :)
The entire game is on-chain.
There is no promised roadmap AND the project has greatly succeeded.
Even with anonymous developers, Wolf Game has clearly tapped into our DEGEN tendencies :)
19/ Final Thoughts.
I personally have no skin (or $WOOL) in the game. No Sheep and no Wolves.
Iβm merely an interested observer and think itβs fascinating to watch how the NFT, P2E and DeFi worlds can collide.
This is NOT FINANCIAL ADVICE.
I personally have no skin (or $WOOL) in the game. No Sheep and no Wolves.
Iβm merely an interested observer and think itβs fascinating to watch how the NFT, P2E and DeFi worlds can collide.
This is NOT FINANCIAL ADVICE.
20/ PS: Read the whitepaper yourself.
This thread simply summarizes what I've read in their whitepaper + what I've seen on Twitter today.
There's more detail on their website to learn more.
If you have questions, I'd be happy to answer them :)
This thread simply summarizes what I've read in their whitepaper + what I've seen on Twitter today.
There's more detail on their website to learn more.
If you have questions, I'd be happy to answer them :)
Huge News: Gen 0 and Gen 1 have stopped minting forever!!
https://twitter.com/wolfdotgame/status/1462471445674704896
Some new game mechanics coming through!
Waiting for a whitepaper to explain everything
Waiting for a whitepaper to explain everything
Some immediate reactions:
1. The team will most likely sell out of the land and make between $25M to $30M
2. The team is being patient with the game with a 2022 release and understand a solid game takes time.
3. Breeding. Governance Token. Farmers?
1. The team will most likely sell out of the land and make between $25M to $30M
2. The team is being patient with the game with a 2022 release and understand a solid game takes time.
3. Breeding. Governance Token. Farmers?
https://twitter.com/wolfdotgame/status/1462641223005614087?s=20
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