I'm launching little @project_o_gg campaign, it would be great if You could help me out and read it!
Project O is TCG game with goal of brining web2 players in to ecosystem by creating game that will be easy, fun to play, competitive and designed to not be boring for steam viewers! The feedback from actually competitive content creators were very positive!
They wont have web3/blockchain sticking out like most of web3 products. It will be like "hidden" behind so it wont distract/discourage web2 users from joining but if You will want to use blockchain then You will be able to simply connect with it, interact and getting all benefits from it like revenues (if You will own right things), owning NFTs and all other typical web3 stuff.
Now is the most important part for You, You can actually get chance to win one of those items that could generate value for You.
Project O is running collector's campaign where they want to reward old school NFT holder's. So if You are holding for example @Azuki, @BoredApeYC, @cryptopunks NFT and You didn't really felt happy as a holder recently because it dumped then You can get additional value by getting rewarded with Blueprint Tickets by Project O! Just connect Your wallet to check if You qualify with Your collection. If You don't feel safe to connect Your stacked wallet then they allow delegate wallet's (or something, some advanced tech that i have no idea about).
Project is looking great and team behind is even better then that! You could write separate essay about it. They also picking some great council members @graildoteth or @MatDefies that for sure will bring allot of additional value.
It would be also great if You could add me as referral since that will boost my social score for more rewards if You will feel like it! :)
https://t.co/pMrkgxqtZW
There is like 100 collections that qualify! You can check full list here!
https://t.co/A6PZo7amXY
Thanks!
🚨 77-BIT scammed again
This is exactly what happens when a project raises millions.
And this is not an isolated case 👇
This is the business model of many AAA Web3 games:
>Raise capital with an ambitious narrative
>Sell NFTs, battle passes and premium memberships
>Use creators and guilds as a free sales force
>Launch a beta that generates even more revenue
>And once the money is in, disappear
The problem is not that the games are bad, the problem is that many teams see their community as an extraction mechanism and not as something worth building
🔸$15.5M with Ragnarok Meta
🔸$19M with 77-Bit
And the founder walks free to launch the next project
Meanwhile holders are left with worthless NFTs
Another scam in web3 gaming
$19 millions raised
gambled treasury for $1.8M
do you think @the77bit is the first RUGGED project?
be Fanfaron
> 77Bit founder
> previously Ragnarok Meta NFT founder
Ragnarok Meta in 2022:
> mint sold 3,900 of 7,700 NFTs at 0.77 ETH each
> raised $15.5 millions from mint alone, ATH FP hit 2.88 ETH
> Fanfaron converted treasury to ETH at $2,900 "to diversify our treasury assets and set Ragnarok up for success"
then ETH crashed from $3,000 to $993
> he kept buying on the way down as "I saw an advantageous investment for the project”
> lost $1,800,000 of project treasury trading ETH
> floor collapsed to 0.147 ETH from 2.88 ETH
other NFT founders publicly called it out: "I can't believe I have to say this: don't gamble with your project's funds."
Fanfaron said sorry, (refunded to who, you can check Reddit?), and kept building
then came 77-Bit:
> 5,000 NFT mint Quantum Core NFT collection on Abstract, 0.22-0.29 ETH MP
> battle passes, 50$ each avg
> raised $19M (as they stated)
> 173K daily active users on BitHub at peak (you believe it's real numbers?)
OPEN BETA OF GAME came in January 2025th
thats where the extraction playbook continued
MINT first (anotha one)
> 5,000 NFTs with 0.25 ETH mint price
> 1,729 NFTs sold out
> this is SOULBOUND NFTs, non transferable, non tradable (gift of money to team)
GUILDs second
> contacted gaming guilds directly with "exclusively for top guilds with impactful gamers" offer copypasta
> 10% revenue share on BitHub Shop purchases bonus $500 in tokens ( tokens?) if community spends $1,000+
> used guilds as unpaid sales force
CREATORs third
> referral links sent to content creators
> 10% commission on all purchases through their link, creators drove sales for a cut
> lmk are cuts coming to you in the comments?
the game itself was good
gamers enjoyed
PROBLEM WAS NOT THE GAME
Ragnarok Meta with $15.5M raised, $1.8M gambled, went to zero
77-Bit with $19M raised, went to zero
"don't gamble with your project's funds"
do your DD on project before ya touch it
sometimes redflags on surface
The victory of the opposition in Hungary yesterday, like the Polish election in 2023, is a victory for democracy, not just in Europe but around the world. Most of all, it’s a testament to the resilience and determination of the Hungarian people – and a reminder to all of us to keep striving for fairness, equality and the rule of law.
What about this conspiration theory, Trump start Iran war to spin gas price so Russia can get funding but UA destroys their ports and then also Trumps try to involve NATO into conflict that he started so Russia could say that NATO is their main enemy rather then defensive alliance but Europe dodged that also?🤣
@EricLDaugh You are fucking retarded. You were acting like that with UA on begging and now You are fucking cry baby. NATO is not offensive pact but defensive one and You attacked IRAN and now ask for help.