Thread by @LadyofCrypto1

1/ $SPIN is a low cap #gamefi token that provides services for #playtoearn and #metaverse games.

⚔ 7.8 mill market cap 👀
⚔ #Tokenomics are solid
⚔ No VCs to dump price
⚔ GameFi specific #dex and #yieldfarming
⚔ #NFT marketplace

Let's explore @SpintopNetwork

2/ -- TOKENOMICS --
It's rare for a project not sell presale to VCs, so when I see it, I pay attention 👀

They only sold 6.5% of tokens presale 🤯 that is less than any project I've seen recently.

1000 BNB liquidity locked & the market cap is only $7.8 million

3/ -- TOKENOMICS cont--
At first glance is the vesting schedule doesn't look great. However, with such a tiny amount of tokens sold presale, a 6 month vesting schedule is fine.

Only 1.06% of the total supply will be released to presale next month and it lowers monthly.

4/ -- TOKENOMICS cont--
Aside from no VCs, presale allocation for launchpad people like me was very low. There is little incentive for presale buyers to dump!

5/ -- THE DEX --
Dex users will be able to swap game tokens. If you play a few #P2E games, you might want to switch your $SAND for $AXS. With Spinddex you can do that.

A 0.3% transaction fee is charged,0.18% goes to liquidity providers, 0.04% to the treasury, and 0.08% is burned

6/ -- THE DEX cont --
Burning obviously decreases the supply, making SPIN deflationary.

The dex has liquidity pools. If you provide liquidity using LP tokens you will be paid rewards from fees, as mentioned in 4.

7/ -- GUILD MAKER --
If you want to understand guilds read the guild thread by @ChrisRomano.

If you know what guilds are, then this should be exciting. $SPIN will allow small startup guilds to launch on their platform via guild maker.

https://twitter.com/ChrisRomanoC/status/1457756932144574467

8/ -- GUILD MAKER cont--
If you own NFTs like land in $ILV for example, you can allocate your land to the guild pool and players who want to play Illuvium can use your land. As the owner you take a fee from of earnings made by the player.

This is why guilds are trending atm!

9/ -- GUILD MAKER cont--
Landowners may not have time to play, I know I don't, I will probably start my own guild using SPIN!

Small independent guilds can be more appealing to some players than large guilds like $MC and $YGG. I mean who doesn't want to be in my guild!

10/ -- GAMEPEDIA --
Most non-crypto games these days have their own dedicated fan built Wiki which acts as an encyclopedia for the game. They are extremely popular and some wikis have millions of users per month.

This is why SPIN is creating wikis for play to earn games!

11/ -- GAMEPEDIA cont --
The content will be created by users and they can earn SPIN if they create good content!

There will also be cool features added that will allow players to find the best game for them.

12/ -- GAMEPEDIA cont --
The content will be created by users, and they can earn SPIN if they create good content!

There will also be cool features added that will allow players to find the best game for them.

13/ -- NFT Marketplace --
Finally, they are creating an NFT marketplace. I know, I know, do we really need another one?

Well, this one actually serves a purpose. It will allow the guild system to function

14/ -- WHERE TO BUY --
This is not financial advice, if you want to buy this token you need to do your own research and be sure it makes sense. SPIN is on pancakeswap.

coinmarketcap.com/currencies/spi…
0x6AA217312960A21aDbde1478DC8cBCf828110A67

15/ I was in presale through Seedify but my allocation was only $220. I have been buying a lot more as the allocation was tiny.