2. 100,000 users were given access to the Beta State and allowed to mint NFT farms for approximately 1 Matic, at the time ~ $1.25.
The games token $SFL is created solely through playing the game - no $SFL was pre-generated, and there will be no LP farming.
3. On May 9th players will be able to withdraw their $SFL and trade it on Quickswap, individuals will provide the liquidity but there is no current plan for protocol owned liquidity.
A minor amount of Liquidity is currently on Quickswap
4. The game has novel mechanisms to constrain token outflow.
Game assets have an $SFL cost payed by players - these tokens are sent to the Null wallet an permanently removed from circulation
A withdrawal fee-up to 20% of $SFL will be captured at withdrawal.
5. $SFL tokens are generated by planting various seeds and then selling the sunflowers, potatoes, carrots and other crops to the in game store.
The game tracks the cumulative $SFL generated and at specific points reduces the cost of seeds and the price paid for crops by half.
6. The "halvening" feature, means the quantity of $SFL entering the chain will progressively decrease even as the number of players increase.
Currently 7,647,636 SFL exist, with 2,919,115 are permanently out of circulation - the next halvening will occur at 10,000,000 SFL.
7. Shortly after tokens are allowed to be withdrawn to Polygon on May 9, the Sunflower team will open up the Beta to an additional 50,000 users/farmers.
Sunflower Land is already the 14 most active DAPP.
8. It will be interesting to see the price discovery for $SFL on May 9, and if they low cost of participation and the novel mechanisms of Sunflower allow that price to be sustained or increased over time.
1. Rhetorical violence, defending block chain value - what lessons you can learn from the recent public exchange between leading personalities in #AVALANCHE and #POLYGON.
The belligerents Dr. Emin Gün Sirer founder Avalanche, and Sandeep Nailwal co-cofounder Polygon.
2. First, understand the current crypto markets, the profusion of block chains alternatives have saturated the attention market.
Assets are now easily bridged between various chains.
Chains are fiercely competing to offer services across a spectrum of business cases.
3. This week Sandeep, fired off a emotional tinged criticism of Avalanche after tepid response and accusations from crypto enthusiasts that Polygon's "SUPERNETS" are a rebranded derivative of Avalanche's SUBNETS.
2. I jumped into an endless battle mode and experimented with different options, everything was snappy, self explanatory, and has an attractive appearance.
I mainly selected characters that would be broadly available in the upcoming mint event.
3. In this early access mode equipment is not available - but you can see the slots where items will be equipped.
While fighting special skills can be selected by pressing the corresponding number on the keyboard.
1. #Gamefi , #metaverse , and #play2earn developers - think carefully if you are inadvertently creating future ghost cities.
Overly focusing on premium entry points mean your available investor base is incredibly narrow, and there a dozen shiny new projects debuting each day.
2. What size community do you need to sustain the value and viability of your project?
3. What is the potential cost of creating an overly exclusive community - for several recent projects with high tier mints I had zero sense of fomo - because rationally I know those models will have an incredible short half-life.
1. From the Medium Article, 1,000,000,000 tokens will eventually exist - at the current price of $0.188 that produces a Fully Diluted Value of $188,000,000 which make $RLP a top 10 arbitrary token on #AVALANCHE.
This is not an unreasonable range - with some caveats.
2. First he has to onboard that fiat to crypto - I am here in Hawaii which has over-regulated centralized exchanges. Between bank fees and CEX fees my $500 in USD becomes approximately $470 in $AVAX by the time I get it to C-CHAIN - or down 6%.
Looking at sAVAX on @yieldyak_ I see 14.6% APY so for the hypothetical person starting with $500 is looking at about 6-months to break even.
The caveat here is that AVAX is obviously at a temporary low price, and at a great entry point.
2. The primary opportunity I see in #Avalanche at the moment is introducing new users to the ecosystem with something meaningful to do with less than $500 in AVAX-assets.
At smaller thresholds-a user has to be careful or transactions costs may offset weeks of potential gain
3. Projects on $AVALANCHE generally appear to be targeted to users with more than $10,000 in crypto assets - this is not the widest segment for broader adoption