I would like first all to say thank you to our #crofam community for supporting us in these turbulent times for our industry and especially the #LoadedLions pride 🦁!
Fair to say that the First Frontier land drop last night could have gone smoother. Huge demand clogged up pretty badly the platform payment queue and some of the sale parameters were clearly too wide.
All lions should have had the opportunity to own a primary ticket to the First Frontier. Although 1,962 unique LLs were able to get a piece of it (with a median ownership of 5.0), 943 tried but could not get through. This needs to be fixed now.
The Loaded Lions community has to come first. This is why we will be allocating 100% of the remaining 5,000 land tickets for a special drop reserved for the Loaded Lions holders who could not buy any land last night.
The team is working hard to make this very special drop happen tonight. Single proprietor land packs will be offered with an increased discount and 2 packs per holders will be available. More details to be shared shortly.
After this special drop is completed, and if there are any land tickets left, the AllowedList members will be able to enter the land arena and complete the drop.
We experiment, we learn, we get better. This is the very first step on our web3 journey, with Mane City and more to come. Let’s work together to build the future of web3!
2020 was an unprecedented year for the world and for crypto.
Before we fully plunge into 2021, let me share a brief recap of the major industry events of the past year and the lessons learned.
Thread below 👉
1/ Bitcoin's Big Year: 2020 was a rollercoaster year for #Bitcoin. We experienced halving, extreme lows on Black Thursday, followed by a robust recovery📈that led us to a parabolic rally and high volatility still going on today.
2/ DeFi Summer: This year was an insane frenzy of action for #DeFi as new protocols and yield farming initiatives were announced seemingly every week. By end 2020, TVL (total value locked) in DeFi grew more than 23-fold from under $700M to $15B.
As we get closer to one of the most awaited technical events in the crypto space this year - #bitcoinhalving - I would like to share some thoughts on what it means for #bitcoin and the industry. [THREAD]
1/ Expected to happen around May 12th, the #bitcoinhalving will basically cut by half the rewards that miners validating transactions on the network get, from 12.5 BTC to 6.25 BTC. This means the inflation rate for #BTC will decrease from 3.68% to 1.80%.
2/ This will mechanically reduce the new supply of #bitcoin released, and gradually put upward pressure on the price, assuming a stable demand curve as the graph shows.