Here's what you need to know about the X'mas❤️mini-game + the innovations this project is pioneering🧵👇#nftcommunity
People who minted DTPs before the pause would have noticed ❤️ traits with a # from 1 to 6 applied to their panda.
This was part of a minigame @pit_the_panda has created for X'mas. In typical Pit / Joker style, he kept us guessing on its objective.
The aim of the game was to reward those who held their pandas longest without moving or listing them. Every snapshot if they had not been moved the ❤️ # decreased, with the aim being to get to 1❤️
The lower the ❤️ #, the greater the chance for your Panda to get an X'mas outfit!
The X'mas outfit will be an NFT that is ENTANGLED with your base panda NFT. To access it you need to interact with the Entangler protocol & pay a 0.5◎ one-off fee
(These NFTs cost 100◎ to mint & after #bidsmol 0.1◎, the least we could do is give them something to work with)
You'll be able to see the outfit before deciding if you want to pay for it & there are 6 outfits of diff rarities.
Some brief history of the Entangler protocol: it was written by @redacted_j to help 'fix' the metadata of @ExiledApes. Their tokens had metadata issues, but the community wanted to keep them but "repair" them. Since they didn't have update authority the Entangler was created:
The Entangler enabled them to swap between their OG "misprint" tokens and a new token with updated/repaired art & metadata. You can only hold 1 of them in your wallet @ any time but you can swap them whenever you like
Other uses include attaching special outfits to an NFT like..
.. these X'mas outfits in the DTP game.
Pit wants to incentivize you keeping his gifts. So if you held 3 rugs in the same wallet, your ❤️# decreases by 1, if you held 5 they decrease by 2, boosting your chances of an outfit.
If you sell your DTP, the entangled NFT goes along with it and vice versa. The team spent ~100◎ deploying the 15,000 tokens, hence the small fee.
As you can see @DegenTrashPanda is the project using a lot of the latest tech innovation in #Solana: 1. Candy Machine v2; 2. Use of the Entangler; 3. The upcoming Raindrops Protocol
All you " $ETH cOmiNg to $SOL wHaT sHouLd I sWeEp?" guys don't fade this project
So what next?
- The Raindrops protocol - which will track different statistics, attributes & metadata to power a game - e.g. pandas scavenge on tiles & what they get from it (e.g. an item / getting frozen for a few days) will utilise the Raindrop protocol
- The next game after X'mas is called Trash Trap
- Pit will look to drop us some items which players can either burn or keep. Depending on what everyone does, some will be rewarded and others will not. Like the Prisoner's Dilemma colluding typically achieves better results
For more details on Trash Trap, the next game - see Pit's thread:
- Floor price crashed from 1 SOL to 0.09 SOL
- They released Halloween items but not much else
- Some community tried to support them but it has been a slow bleed
- Same team has launched @nova_launch to help ppl launch NFTs for a sizeable fee. Beware.
A few lucky @Degentrashpanda minters received an airdrop panda 3 days ago. These were 30 tokens received from the botter that we wanted to get back into community hands.
In arranging this we had to go through a fair bit of data, so some stats for you🧵👇#solana#nft
- There were 14,173 tokens minted by 5504 wallets before the pause
- This means ~2.6 pandas per wallet minted
- The 8 known bot wallets minted 240 tokens (1.6% of supply)
- He returned 30 tokens (mostly common/uncommons with rare traits, no ultra rares which he kept to sell)
- For the lottery we used random number generation to pick the 30 winners
- Botter wallets were removed from the lottery
- 1 mint = 1 chance
- The odds of winning a returned token was 30/13,933 (0.2%)
- The top non-botter wallet minted 247 tokens. 2nd most was 101 tokens
The @DegenTrashPanda mint was paused to address vulnerabilities in the Candy Machine NFT deployment protocol
CMv2 was rewritten in a frenzy of coding by @redacted_j and just 2 weeks later, the mint is now reopened
Some background on CMv2 & why you should be excited for DTP🧵👇
The DTP mint kicked off late November. Shortly after it was discovered that many super rare & mythic tokens were being sniped by a botter. The community investigated, went through the details & took action.
Several factors created conditions that supported the botting: 1. There was a full week between the FLP lottery & mint 2. A market to trade DTP tokens was created on dexlabs
This gave time for the botter to acquire a large # of tokens in preparation for the mint
With its Fair Launch, beautiful 3D art and an innovative approach the @DegenTrashPanda has been a blockbuster mint.
It has also unfortunately attracted bots & bad behaviour.
It's up to the community to investigate & set standards, so here is what we found & the action taken🧵👇
This thread was made with @DegenDAOO members, many of which took it upon themselves to do research, share info & come together to protect the community.
The @DegenTrashPanda mint launched on Nov 24th. After several delays, excited winners of fair launch tokens started swapping their tokens for trash pandas - people excitedly posted their NFTs and twitter was swarmed with Panda profile pictures.
Hot on the heels of his 1,000◎ @DegenTrashPanda purchase, he has now acquired:
- @DegenApeAcademy Ape #744 for 369◎
- Ape #9538 for 173◎
- Ape#9714 for 189◎
A total of 1,731◎ ($328k) spent on the Degeniverse in 2 days👀👇
This wallet BEIJ sent 3594◎ ($682k) from their CEX account on FTX exchange to their Solana wallet to fund their Degeniverse habit.
This does not imply its FTX, this is just what you'd see if you or I transferred SOL across from our FTX CEX account. Read on to see the purchases: