No money invested and fucking 8 times shorter than S5 also no losses for nfts. How it can be real guys? @0xPaulThomas@lippylipka
This whole thing devalues all the efforts lmao for S5
After the end of genesis season on prophecy the whole situation connected to the allocation of 5th season feels even harsher to me. I took part in both campaigns but didn’t get to the top 200. Just seeing those numbers for the month of testing feels crazy compare to S5
Season 1 of @ProphecySocial_ has concluded
100,000 $SOMI will be distributed to the Top 200 users on the Prophecy Points leaderboard.
More details on claims, and Season 2 are coming next week.
you don't need incentives to drive prophecy social and dreamDEX.
prophecy social is a prediction market, right? those who love to bet will bet. you don't need to incentivize them. they bet, if they win, they get profit. if they lose, they get nothing. it is basically gambling.
same with dreamDEX. you just need cheaper trading fees to retain users. spot, perps, swaps and all other features you should have. it should be bug free. yeah, incentivizing dreamDEX is good like a volume trading campaign to retain users.
the thing that you failed to understand is that... you should give people what they deserve. lots of people spent money to buy the NFTs. you were saying that season 5 is alpha. people are expecting at least 2% percentage allocation for season 5 especially that it involved money.
1% percentage allocation for Season 5 is peanut. you are looking forward to the future so much that you failed to understand the present. don't look so much in the future. look at what people have done and spent and learn to reward them well. in that way, you will retain users and, in the end, you will grow organically.
if you think about it, with 12k eligible wallets, those are real users. don't think of them as farmers. they are people who believe in you and who believe in the project. they spent money to buy NFTs and do all quests and participate in games. don't break the trust that they have given to you now. reward them well for now and i'm sure they will be happy and continue to join you as loyal supporters.
people can't be loyal by your words alone. they need motivation. you understand it right? those eligible wallets have undergone lots of scrutiny and they have passed it. reward them well. you might be thinking that people are all farmers. not true cause a lot of people spent money to buy NFTs and to support the ecosystem. now, it is your time to give back to them and let them eat well.
Add extra 1% allocation for Season 5. That's the best thing to do @0xPaulThomas
SOMNIA S5: FROM +EV TO -63%
Ok, @Somnia_Network S5 airdrop registration is open and everyone can check their allocation.
I’ll keep it short: Very disappointed.
@0xPaulThomas, you didn’t keep your promise to guarantee +EV for the users who trusted you and completed your quests.
I’ll only talk about the Founder Pack minting quest, because the other capital-heavy quests will have much bigger variances.
- We spent 75 $SOMI to get 600 points. With the 300% boost from gSomnia, that’s 75 SOMI for 2,400 points.
- The community-recorded points-to-SOMI ratio is around 55. So 2,400 ÷ 55 ~ 43 SOMI.
Yes, we put in 75 SOMI and got back 43 SOMI.
- In SOMI terms, that’s a -42% loss.
- In USDC terms, when SOMI was ~$0.3 at the time and is now ~$0.19, it’s a -63% loss on capital.
And it’s vested for 8 weeks.
“But those points don’t include the NFT boost, right?”
Oh please, don’t even mention the NFTs or I’ll turn this post into a full article.
A lot of people who trusted you deeply even bought NFTs back when SOMI was $1–1.5.
No need to say much more: we're in double loss.
Top investors like @1_gariphamsi , @dreweth , @DuraLabs, @LeoXBT67 already said their words.
Who came out the biggest winner? There are two groups:
- Who exploited the loophole to mint for free and sell Odyssey keys.
- Who sold all their NFTs before the snapshot.
They made way more profit and didn’t even get vested.
Unless the team has some big plan behind this (like making SOMI to a new ATH again), it’s impossible for the community to continue this story here.
There’s no guarantee that our time and money contributions will be properly rewarded in the next season.
Peace.