The Benevolent Badgers Project

Often misunderstood, badgers have always had a hard time.
This project aims to help these furry critters by donating to charities and trusts.

[The Benevolent Badgers Project @BeneBadgers]

After the dismal failure of our NFT launch, we've jumped on the latest meme coin launchpad: https://t.co/YgNw0ZLEhc @GoFundMemes
CA: 2YkTNk5QVB5JQpDnwnB3QSv66sPWZnpp6W6GyoxKZRcS

[The Benevolent Badgers Project @BeneBadgers]

Don't lose all your monies with zilch to show but lining the pockets of https://t.co/HcuYR93hrP !
Buy our meme coin @ https://t.co/Q6x0irVkWE
(& lose your monies but at least feel good about helping some badgers IRL)
CA: 2YkTNk5QVB5JQpDnwnB3QSv66sPWZnpp6W6GyoxKZRcS
@GoFundMemes

[The Benevolent Badgers Project @BeneBadgers]

BullX is the best dex out there - now is the time!
https://t.co/ZXmH5vw4Ed

[The Benevolent Badgers Project @BeneBadgers]

@spikynads That's awesome, well done!

[Spiky @spiky_xyz]

We have reached 2,000 FOLLOWERS!!

This journey keeps getting more and more exciting with all of you spikes on board!

As a thank you for your support, we are giving away
2 WHITELIST SPOTS!

To participate:
- Follow our X & join our Discord
- Like, comment & retweet this post

Winners will be chosen after 48 hours. Starting NOW!

#gmonad #spikynads

[CSK @Trader_CSK]

The current NFT market

Psychological barriers

I look at the floor. There is an instant sell button before the first listing.

Why is the number 100 next to this NFT? Oh, wait. There's that many at the same price?

Wait a minute. If I want to market buy something, I am expected to pay royalty fees and the taker fee?

Why not just wait and place a bid?

Taking the above into account, does that seem inviting to normies, or anyone at all?

Fee structure

This is also a problem.
If you want to market buy, which is the main cause for positive price action. We are penalised for paying royalties and the taker fee. Yet sellers get away with this for free.

How is this not an advantage to sellers? They get to sell without incurring any fees and limit buy without them. Dumb farming mechanics to encourage marketmaking and line the pockets of the marketplace. How does this not promote stagnant price action?

I want to feel safe as a whale

They're NFTs. They were never designed to be safe. If you want safe. Trade stocks where there is real liquidity.

Growth prevention

AMM pool misconception.
They are designed to make the market efficient. Yes, the price does move, but at the minimum spread size. Therefore, it requires a significant level of volume to break out the shackles.

If you want volatility and irregular price action. Then you want there to be inefficiencies in the order books. It's no accident that this is geared to benefitting the marketplace.

'There's no demand, that's the core issue'. The demand is there, but it gets smothered instantly by bots automatically undercutting each other and retarded listing promotions.

Encouage growth

If you truly want the NFT sector to grow. Marketplaces need to drop their egos and stop flexing pointless metrics. Give Tiexo a day off.

The NFT ecosystem is tiny in comparison to your average shitcoin, and it will stay that way unless changes are made.

Some influencers call NFTs shitcoins with pictures, and they have been for a while. The current system is proving them right. They were created to be different. So let them be different.

Market saturation

Stop making it so damn easy for collections to launch just because you're afraid to turn away the volume/ fees generated. Have some standards.

The big boys don't want smaller exchanges to take marketshare or gain traction by allowing collections to launch. Why not use them as a test pilot. If a new collection fails to pass your quality inspection. They're almost guaranteed to turn to shit. If you were wrong and it turns out they do well. Just add them to your exchange, and the listings will move over by themselves.

Crypto exchanges do exactly this. You won't see binance immediately list a random shit coin unless it has solid backing/ fundamentals. If it shows good potential and does well. They add it to their exchange, and the volume follows.

Be more brutal regarding delistings. Stop sugar coating it with flagged collections. Nuke them and let smaller exchanges accommodate the graveyard.

Rewind the clock

Some of the most pure price action I have witnessed were the early Solanart days. This was before bids were introduced. No instant sell option on the marketplace or within your wallet. Sellers paid royalties.

You typically hear about people 'accidently' instant selling from their phantom wallet. Why not add an instant buy button? It's already a better story when you accidently bought something.

Taking all of the above into consideration. Can we not see that the current framework is broken?

The entire structure is designed to promote trading ranges and price suppression.

The NFT mindset is still stuck in the bear market.

Split collectables and trading into sepeate categories. Not every collection was generated by fiver.

The manipulated volume numbers give illusion that people are still participating. In fact, most are actually fed up and checked out. The price action you are seeing is mostly automated by bots/pools.

[The Benevolent Badgers Project @BeneBadgers]

@slapcitygame @ageofsamnft No point mentioning the shit coins...

[Slap City @slapcitygame]

When she asks you how many projects you're holding and it's @ageofsamnft, @slapcitygame, and 21 shitcoins.

[The Benevolent Badgers Project @BeneBadgers]

Mint is now live everybody @LaunchMyNFT!
Check out: https://t.co/QMp9bduq4f
or go to https://t.co/1BvNiZf1QM and search for "Benevolent Badgers"

First 1-1 now minted: 'Robert the Badger' !

#NFTs #NFTCollection #Mint

[The Benevolent Badgers Project @BeneBadgers]

Just a few hours left till the Benevolent Badgers mint on @LaunchMyNFT!

If you're feeling charitable and can spare 0.05 SOL this collection will really help our badger clans in the wild!

#NFT #NFTCollection

[The Benevolent Badgers Project @BeneBadgers]

Just over 1 day left till mint everybody!
I'm sure @solana will be back up by then...

#SolanaNFTs #Solana

[The Benevolent Badgers Project @BeneBadgers]

How are you celebrating this year?

#LunarNewYear #CNY2024 #NFTs

[The Benevolent Badgers Project @BeneBadgers]

With Lunar New Year fast approaching we hope you can enjoy lots of festivities and perhaps even a Lion Dance or two!

This Happy Buddha badger certainly is!

[The Benevolent Badgers Project @BeneBadgers]

@LaunchMyNFT Our collection page is already searchable on @LaunchMyNFT which is fantastic! This means our potential reach is much higher, which should result in more money to charity!
Transaction fees will be almost negligible!
Mint price will be 0.05 SOL - the price of a coffee!

[The Benevolent Badgers Project @BeneBadgers]

Exciting news everyone!
We have a Solana launch partner with the awesome @LaunchMyNFT !

Mint starts 7 ⁦Feb⁩ ⁦5PM UTC.

Remember: 50% of mint and secondary market revenue will be donated to badger charities!

Mint link: https://t.co/QMp9bduq4f

[The Benevolent Badgers Project @BeneBadgers]

@cloudz I think Jup - the benefits of holding are only just emerging...
Another external question is at what price is a good time to sell?

[Pioneer Legends @pioneerlegendio]

Had to play to the JUPUARY theme by @JupiterExchange 🚀

Here's to a LEGENDARY payout and keeping up with the promise of 5-15% monthly ROI.

Thank you chad @Legacyzzzzz 👏

[The Benevolent Badgers Project @BeneBadgers]

@MagicEden I imagine the rewards scheme here will be highly profitable given how much money this marketplace makes!
Looking forward to seeing what's offered...