After explaining @Memeland to four different people in my DMs today, I realized there are still many who are unsure about how the ecosystem works
That's why I've decided to explain it again in a thread
Please help spread the word and like, comment, and RT this post.
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Easily my biggest loss in crypto. The slow rug from Ray and the @Memeland team that I had so much faith in. Funny to think that I sold a Cryptopunk worth $100k, for what is now under $2,000 in Captainz.
Two of the worst reveals imaginable that were so disconnected from the community its actually laughable. No sense of the identity people valued from NFTs, I've watched my overall Memeland bag go from over $350k in total value, down over 99%.
I sold so many NFTs from real communities, including over 20 Chimpers over the years to buy the Memeland dips, thinking that Memeland was such an inevitability that the upside was too great to not keep buying.
Funny i can't even get myself to sell my remaining 21 Captainz. Sitting with 500k $MEME staked just because I don't want to lose my 200M+ steaks but what are they even worth anyways?
@kptothemoon@Memeland Same cycle, same ending.
But the delusion cuts both ways. It's what made us hold past 10x to 100x. Everyone sensible exited early and missed the part that mattered.
Round two isn't about killing the conviction. It's holding it and still knowing where the exit is.