@ap3father@TAGHeuer imo a layup for BAYC would be to have a similar public drop schedule as a supreme (S/S & F/W collections yearly) while creating some type of EZ pass NFT for club members that helps ensure access to drops (that can be resold)
expands the brand while rewarding club members 🤝
@xAli7_@1Bprice@pixelvault to play devils advocate, if you minted a planet for .5, you were given an additional planet which means you’ve also been rewarded with 2 mint pass 2’s. so you’re still basically even if you’ve held since mint (even though the planet dropped in value)
@andy8052 same but still not seeing anything sticky that’ll last long term. reminds me of 2021 tezos NFTs until there’s more substance & less influencer hype
@dingalingts@Cryptilt @DapperDabber7 @mikedamazo@AzukiOfficial crazy idea.. reserve promoting the project until the issues with the founder gets resolved cause atm you’re just helping a serial scammer run to the bank
@N1metaracer@Ape2047@ysiu does he not also have fiduciary duty to his own Animoca shareholders?
it’d be nice to know when animoca’s unlock is? what’s the plan for the tokens when the unlock occurs?
if the plan is to market dump, then this staking mechanism starts looking pretty sus imo
@dtrain22k@Ape2047@ysiu i mentioned the game in my second post but it was also made by another company
i don’t need to talk to the founders either but in situations like this where no one can agree on anything, their continued input & some dialogue might be helpful since ppl care what they say
@gratefulape@Ape2047@ysiu you’re making my exact point lol name another project in the space whose founders are unreachable?
last time i checked there’s still only like 20k members in the club, not 20 million
@justjamesxyz @DaCrazyBoredApe@ysiu@apecoin reinventing the wheel in a way which forces NFT holders to lock up tokens in order to get max yield form their $300,000 asset so VCs can dump on you in the meantime seems a bit ponzi ish to me but…
@justjamesxyz @DaCrazyBoredApe@ysiu@apecoin not if they think the token is going to go up lol the main incentive to hold the token shouldn’t be some ponzi staking mechanism, it should be the utility of the coin
if the coin has no utility beyond the ponzi staking then yes you may have problem
@dingalingts most of these proposed staking mechanism seem off to me. why require any tokens if you own the NFTs? seems like a tricky way for VCs to get NFT holders to lock up their tokens so they can dump on us in the meantime to get quicker returns while maintaining equity in Yuga
@justjamesxyz @DaCrazyBoredApe@ysiu@apecoin this makes perfect sense imo.. the airdrop is a pretty large tax burden to most holders. unless you’re a whale, forcing holders to have the full airdrop allotment to get max yield from their asset can go south quick if token drops or market crashes