I understand that a lot of people are upset about someone winning a large amount of sneakers in the raffle on @mooarofficial
I've mentioned this previously during the GITS raffle, but I'd like to reiterate on my take for this.
Not speaking as a team member of MOOAR, but as an experienced trader in Crypto, DeFi, NFTs.
1) Investment = Risk involved.
You are expected to both potentially gain and potentially lose your investment, whether if you've made a correct decision or a poor decision.
On MOOAR, the raffles have been completely risk free. Simply a place to keep the GMT in, and potentially earning something.
This is a dream for most traders. Everyone is looking for a place to stake their holdings to generate more profits.
2) Whale Activity.
Whales support the ecosystem. If you don't have any whales actively participating in the ecosystem, I will naturally expect that people are investing for a potential return, and to be sold into me sooner or later.
If you don't have any whales in the ecosystem, even worse, as that suggests that people are not comfortable putting a large investment into this product.
It's a blessing to see that people holding GMT is supporting the ecosystem, not just @Stepnofficial , but also @mooarofficial , and potentially @GasHeroOfficial .
Back to being a team member, allow me to cover the rest:
3) MOOAR provides a lot of loyalty benefits.
By having a higher level and VIP loyalty, you get a higher % to win the raffle.
It's impossible to deal with people who have lots of money, that's just how it goes. They will always find a way to gain an advantage in the system.
If you are actively using MOOAR, you are participating these raffles, in a sense, leveraged (for free)
You put 1000 GMT, with a 70% rateup, you're participating with a value of 1700 GMT (in a way)
4) MOOAR Raffles are free.
You join with 1000 GMT and lose, you get 1000 GMT back.
You join with 1000 GMT and win? You get the prize, valued over what you put in.
This is something NO ONE ELSE IS DOING.
We are able to achieve this solely because of the BD team's efforts in establishing quality partnerships and collaborations. (Huge props to them)
We also ensure that we are never related to gambling, which provides everyone a safe platform to participate in.
5) I can't talk much about this, but MOOAR has so much more to offer soon.
You will not regret actively engaging with MOOAR and following MOOAR.
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I really hope this clears up all concerns, and feel free to leave your questions, comments, and concerns down below.
I will do my best to answer everyone
Once again I thank you all for supporting MOOAR, to the extent to voice out all the good and bad.
This is really valuable for us, and this will push MOOAR to the next level.
7 of the first 10 Doge Genesis Sneakers were won by a single user!
- A total of 4.900.000 $GMT were locked by this user.
- He funded 700 wallets with 7000 $GMT each.
- He therefore bought 1400 tickets for the raffle.
https://t.co/wziMpDOeP1
Congrats...
@01bandilev@staketrx7@RedotPay Nah they wouldn’t
I’ve had a similar experience and they resolve it as soon as possible
But they’re more active on weekdays I think
@chrisling_dev@HyperliquidX I love the Bybit UI and seems like a lot of inspiration was taken from it, would recommend a bit more diversity / originality so you don't get into unnecessary trouble
Hope to see this through and try it out!