1/ @virtuals_io just launched their v2 AI Token launch platform and in less than 12 hours:

• 244 Tokens have been created
• 134,000 $VIRTUAL has been spent
• +3.9 Million in Virtual Trade Volume
• +750 Wallets doing +8,500 Trades

Lets dig in 🧵(dash at end) 2/ Before a Token reaches a $420,000 market cap, it is only tradable in Virtual. There's also a 1% fee on trades

On Day 1 (we only had ~8 hours of trading) we saw:
- 725 Wallets Trading
- 7,006 Trades
- 3,502,107 Volume in Virtual Traded (+$1.6 Million)

1/ Starbucks - A Web3 Odyssey ☕️

@Starbucks made their entry into web3 with their Odyssey program. I got access and earned my first stamp, navigated the marketplace, and explored @0xPolygon self custody options

Think many web2 companies will use this model to enter the space 🧵 Full version can be found here:
medium.com/@joshuad.dear/…

1/ I think it's almost time for our Axies to go on a Journey

@AxieInfinity Crimson Tiger? A @Ronin_Network smart contract to Mint Land Items AND interact with Axies!

Let's take a look... 2/ Looks like Tiger Plushie that was LNY5 is now Crimson Tiger

Below is the transaction for editing token meta data that was for LNY5

1/ Balancing Game Tokens for the Long Term

Game Tokens are a novel underdeveloped solution in Web3 gaming to balance game economies. The ecosystems are not zero sum, but do have limited value that needs to be managed

A @axieinfinity SLP🧵 1b/ This is Part 2 in a series I'm doing about Game Tokens. The first part can be found below where I define what Game Tokens are

The idea of this series is to give my opinions on some first principals for Game Tokens such as SLP and VIS

link.medium.com/RGMK6noBTmb

1/ @PegaxyOfficial had a very strong week. Despite the large 2 week VIS claim cycle, demand was through the roof for Pegas

The circulating VIS supply increased by nearly 65% but price remained high. Let's take a look at some reasons why? 2/ When total supply goes up, this is equivalent to inflation. We'd expect to see prices dip when this happens rapidly shown below, but demand remained strong for this week and prices increased for VIS

Local high demand can do this but let's take a closer look at VIS holders

1/ There’s been a lot of talk about @AxieInfinity economics recently with the SLP Price. I want to give a lot of numbers and few thoughts on the subject. A 🧵 2/ First the numbers:

- There’s roughly 22.8 Billion SLP in circulation
- Axie has close to 3 Million DAUs
- SLP has ~1.5 Million total Holders
◆ 145K on ETH and 1.37M on Ronin
- AXS has ~160K total holders
◆ 46K on ETH and 115K on Ronin

1/ The week of November 15th was rough for Axie with dropped txs and many scholarships doing payouts

After going through 640,000 blocks over a 22.3 day span, I wanted to paint a picture of what unfolded and how @AxieInfinity bounced back and improved Ronin for future growth 2/ Even before Nov 15th, capacity was being pushed. There was a steady trend up of % full blocks while the average stayed roughly the same. This was the start of the Free Gas RPC coming under high load.

Dropped txs were steadily rising until...

1/ Today we take a closer look at $RONs utility and will try to answer:

-How much could I need?

-What the $ cost of a transaction may be?

@AxieInfinity 2/ In the future $RON will be used to pay for transactions on Ronin

First, we need to understand that when you pay a tx fee, you’re paying for blockspace on Ronin. This takes place in an auction styled manner where you’re “bidding” a price you’d pay for blockspace

1/ If you're trying to decide in @AxieInfinity to stake $AXS or provide liquidity, you're trying to decide between $RON and $AXS rewards

We don't know the value of $RON, but can speculate what the market is predicting since we do know the rewards for AXS staking. NFA DYOR Thread 2/ If you balance the two APR % for $AXS staking at 120% APR and providing liquidity you get the chart below

Market is speculating around $4 atm. As liquidity increases or decreases the price changes since this affects how much competition there is for $RON