Thread by @TCryptoPalette

Thread: The Next SOL Project Due For A Move?

Balloonsville 2.0 - Run by the largest Solana NFT Marketplace, @MagicEden

Current FP: 3.75 Listed: 4%

Heres The Alpha.

#Solana #NFTs #Crypto #Balloonsville #Alpha #CryptocurrencyNews #Bitcoin #MagicEden

As we all know, @balloonsville_2 was a highly anticipated release that ultimately led to one of the worst rugs to date on the Solana blockchain. However, not everybody is aware that @MagicEden had taken over the project, essentially transferring the potential.

With an original supply of 5,000 at a 1 Sol mint price, Balloonsville has seen highs upwards of 9 Sol. Since then, the team has delivered their version of tokenomics / litepaper for the project.

With the new and improved plans, Balloonsville looks like they are due for a move.

Heres why.

In combination with @MekkaLab_ , the two have created a seamless staking platform. Currently, each balloon earns 2 $AIR per day. At the time of writing, one $AIR is valued at $0.80 cents.

Currently, 86.76% is staked, and for good reason.

Originally, the LP was supplied with $300,000, After LP launch, Balloonsville has a total of 4,206 Sol, or $511,912 in their treasury.

Let’s not forget to mention an increase in royalties, and a decrease in $AIR through burning.

Balloon “homes” can now be “built” for a cost of 300 $AIR. The homes will provide a multiplier of 1.5x $AIR per balloon in a home.

Although homes take 30 days to be completed, holders of 5 balloons can speed up the process by 10 days.

Additionally, home holders can rent out homes earning up to 20% in rent with a maximum of 5 balloons per home. This only adds more reason to stake, lowering supply.

As you can see, higher multipliers and more utility will be available in the future.

With a community that has survived through it all, developers who consistently deliver, and unique art, it’s safe to say that there is project longevity present.

In combination with the OpenSea integration, it’s only a matter of time.

To conclude, from an investment perspective I believe there is a lot of value being offered.

Personally BULLISH, but as always DYOR as this is NFA. Let me know what you think!

Oh yeah, i’ll leave you with this. 🤭

Possible Metaverse? You tell me.
-C