Crypto.Edgar Profile picture
Aug 14 12 tweets 6 min read
1/12
How to earn in @genopets and what's the ROI?

It's one of the most asked questions on my #Genopets breakdown thread (). Note: You've got +/- 2 more hours to join the giveaway.

In the meantime, let's break down the earning aspect 🧵👇
2/
It all revolves around habitats. Without a habitat there's no $Ki tokens to be earned.

You've got a choice. Either you purchase a habitat or you rent a habitat from someone else.

Purchasing can be done through marketplaces such as @MagicEden , @FTX_Official or @fractalwagmi
3/
A genesis habitat or not?

Two advantages to the genesis habitat:
1. Higher amount of $Ki can be harvested daily. Lvl 1 genesis habitat can harvest 40 $Ki daily vs 30 $Ki on a regular one.
2. Choose any crystal to refine. Regular habitats can only do crystals of their type. Image
4/
Habitat level?

Habitats can be improved through lvl ups. More $Ki can be harvested and more crystals can be refined on a daily basis depending on the level.
Note: The process is costly (around $550 for lvl 1 -> lvl2 at the time of writing)

Details: whitepaper.genopets.me/game-mechanics…
5/
Cool, so 30-40 $Ki per day for my habitat? - No

Habitats have a lifespan and need repairs (think of durability in #STEPN). It costs 1 refined crystal per day (10 $Ki crafting cost).

Each repair also lowers the durability (HP in #STEPN). A habitat with 0 durability is dormant
6/
Earnings (180 days) for the most basic strategy of owning a lvl 1 habitat, harvest $Ki and refine crystals daily

5,400 (regular habitat) or 7,200 (genesis) in $Ki earnings
- 1,800 $Ki mineral craft cost
- 1,800 $Ki restoration cost
-----
1,800 (regular) or 3,600 (genesis) $Ki
7/
What if I rent a habitat?

The owner of the habitat carries all the costs (repair & restore) & takes the risk. You'll have relinquish most of your earnings.
But if you're not willing to invest in @genopets, then this is the way to make some minimal profits from being active.
8/
Why would anyone rent out their habitat?

A semi-passive income:
1. No need to spend part of their earned XP on the $Ki harvest and can level up their pet faster
2. Owner outsources the work of logging in & harvesting
3. Important to remember to repair & restore when needed
9/
Alchemy & Crafting

Not live yet but to be expected soon ().
It'll be one of the most important elements to increase the demand for crystals & player driven economy.
CEO, @mralbertchen clarified the current situation regarding crystal prices in Discord Image
10/
Guilds

@genopets is still in closed beta with a controlled inflow of new users. The game is definitely more complex than other move2earn games such as #STEPN.

There are many different communities (guilds) which are recruiting new members and provide help & eduction.
11/
Closing thoughts

I'm still contemplating on which guild to join and what strategy to follow. I'm doing my daily $Ki harvests & craft crystals when the process is profitable (crystal needs to be worth more than 10 $Ki). I'll make sure to keep posting updates.
12/
If you enjoy these updates, make sure to follow
@CryptoEdgar_ & Like♥️, Share🔁 the FIRST post.

I’ll give out an extra 5 extra invite codes to those who do!

Link to the first post:

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More from @CryptoEdgar_

Aug 17
1/
Summary @Stepnofficial #STEPN #Townhall 17/08/2022:
* Priorities
* Why #GMT earnings?
* Process
* Why classic pool?
* 80% to rainbow?
* Timeframes
* Progress bar
* Schadenfreude pools
* Extras
* Rollover mechanic
* Account upgrades
* Apple
* Other app updates
* Collaborations
2/
Priorities

* Shifting focus to #Solana & #BSC realm (floor & #GST price). Leverage #GMT earnings to create reciprocal relationship with #GST.
* Building several apps concurrently. Bumped social app to the top of the list.
* August release goal for NFT marketplace is postponed
3/
Why #GMT earnings?

* #GMT mining is prioritised (UX, new sneakers, old mechanics)
* Most important task is to revise & revitalise
* Positive feedback loop with the #GST price
Read 19 tweets
Aug 16
1/9
Some topics that I hope will be covered during the #STEPN Townhall:
* Ape Realm. The good & The bad
* DOOAR stats
* HP system
* @Jerry10240's tweet
* Some info on partnerships: @_p12_, @solanaspaces, LINE etc.
* Achievements & Badge system
* What's more?
2/
Ape Realm. The good & The bad

* Potential lined up partnerships
* Explanation regarding the genesis sneaker use cases
* Some insights on the #BAYC airdrop. Did it hit the mark?
* Clarification on the on chain issue during launch ()
3/
DOOAR stats

* Share some numbers regarding the #DEX cross chain. I'm reading in multiple conversations that #DOOAR is "the biggest on #Solana" etc.

Also: Is the frontend (linked by @coingecko coingecko.com/en/exchanges/d…) to be used?

Link: beta.dooar.com/swap?inputCurr… Image
Read 9 tweets
Aug 15
1/18
Summary @genopets #Genopets Townhall 15/08/2022 with @mralbertchen, @benjamin_tse, @JAyDChang:
* Milestones
* More info
* Statistics
* $Ki burns
* Crystal Emission
* Guilds
* Cheaters
* Roadmap
* Genesis holders
* Extra infos
* Safety in #Web3
* Resources
2/
Milestones

* $Ki token launched on August 20th
* 5 days since habitat management launch
* Private beta has been ongoing for 1 week and new members joining
* New whitepaper (whitepaper.genopets.me)
* A new website. Animations
3/
More info

* Treasure hunt rewards were airdropped. Puzzles will come back soon
* If purchased a genesis habitat/genopet, go to "get-beta-invite" in Discord to enter the #genoverse. Regular habitats supported soon
* Sunday, @mralbertchen was in Discord for about 5h to clarify
Read 19 tweets
Aug 15
1/
Winners of the giveaway were drawn!
All your posed questions should've been answered as well.

Winners are listed below 👇

Due to some issues with TwitterPicker I've had to manually remove some of the entries.
Everyone was sent their code in DM. (@NettiBella DM me plz)
Read 6 tweets
Aug 8
1/16
Summary @Stepnofficial #STEPN #MSGA Twitter Spaces 08/08/2022 with @Mable_Jiang and @yawn_rong:
* Benefits to current #STEPN investors
* #GMT earnings
* Current #GMT sneakers
* Rainbow sneakers
* How much they'll earn?
* Why & When?
* What's special?
* Rainbow gems
* Extras
3/
#GMT earnings
* Team will continue to offer new gameplays and new features
* Build additional infrastructure (DEX, Marketplace & Social app) to create extra demand for #GMT
* #GMT earnings will be the turning point in the app
* Modifications to the #GMT earnings mechanics 👇
Read 17 tweets
Jul 13
1/
Summary @Stepnofficial #STEPN Monthly Townhall (SMT) 13/07/2022:
* Today's update (HP, sneaker enhancement, MB changes, R3 minting)
* Upcoming update
* What's next?
* #DOOAR
* Q2 profits
* #Web2 audience
* Ape realm
* How will this help R1 & R2?
* What with GST?
* Extra
2/
Today's update:
* Health Points will address the issue of infinite life of #NFTs
* Update to be released soon
* Long term token sink
* Requirements for common & uncommon sneakers will be released soon. Rare & Epic sneaker will need +/- 1 payment yearly
3/
Sneaker enhancement
* Sneakers used in enhancement will require a minimum of 3 mints before enhancing (also genesis and OGs)
* Low HP sneakers can be used as a burner sneaker for the enhancement (avoid repair need)
Read 18 tweets

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