@niftyinvest01@AbstractChain Oh, you're right. I totally forgot about Macrostrategy (tranches B and C).
All we can do now is wait for more details, so many new (possible) opportunities, it's quite exciting. 🙂
Thanks for the reply — I completely agree with you that in most cases there's no need for large rounds, and that this way of doing things results in a more deserved token distribution rather than just being farmed.
But on the other hand, this approach is mostly only feasible for smaller projects, since CEXs often demand a percentage of tokens for themselves. So, at the very least from the perspective of bigger projects, I honestly expect the first scenario to be more common.
If we take this topic further, there are still a number of “but” and downsides. Even now, the entry threshold isn’t exactly cheap (58 $BIG or around $80 to fully upgrade the first room, and a total of around 2700 GH) — plus the $BIG payment required to enable mining of another coin. But everyone’s expecting $BIG to rise soon, and possibly even hit a new ATH, which would automatically raise the entry barrier to $500–1000. That kind of cost is unlikely to attract new users or projects to this type of “listing” mechanism.
Of course, there is the option of multi-mining through pools (bigpool, bigmain, and potentially others in the future), but how they’ll handle multi-mining still remains a question.
In that case, I think we should expect the introduction of new miners that aren’t tied to $BIG — for example, based on $ETH. These miners would also be able to mine other tokens, but wouldn’t be able to mine $BIG (and this could also serve as another source of yield for Tranche A). Additionally, existing miners could have limitations — for example, only 25% of their hash rate could be used for multi-mining, in order to reduce their impact on potentially new users.
Tbh, I hope that something truly new comes out of this and the paradigm shifts.
Welcome our first onboarded project- @Pindora_HQ . It’s a team of web2 vets building LUCIA, a personal AI assistant, currently on android, soon iOS. @AIVAonAVAX holders will get airdrops, first look & all early advantages of being $AIVAX holders. Just the start of AI on AVAX.
One of the next big presales to launch is fully Arena aligned.
Introducing @AIVAonAVAX
AIVAX is the AI community coin used as the onboarding vehicle to bring top AI projects to AVAX and make the red chain the leader in AI.
AIVAX will be rolling out their project fully on The Arena in the following ways:
1) Deploying liquidity on Arena DEX for in-app trading
2) Becoming an Official Community with full community management tools and chat groups
3) Custom dynamic badge to reward loyal holders with IRL perks
4) Becoming an Arena Champion to distribute the staking rewards back to the dynamic badge holders
5) Becoming a tipping token
6) Running community gated Stages and Live Streams
Rather than launch and use multiple apps to grow the project and manage the community, AIVAX is rolling it all into The Arena as a one stop shop.
AIVAX will launch in the next 2 weeks. Let’s show some Gladiator support ⚔️
I'm not very familiar with Abstract, but a quick research made it clear to me that one of its main goals is to attract the masses to crypto and become a consumer blockchain.
From that point of view, what's the most popular crypto asset in the world that pretty much everyone has heard of? Bitcoin.
What if we created a gamified, "new" version of Bitcoin — with its own full ecosystem and capabilities - and gave non-crypto people the chance to mine this "new Bitcoin" in a playful, game-like way? It wouldn’t require large investments and it’s still “early.”
It could very well be one of the ways to bring new people into crypto - and do it through Abstract, helping to spread awareness about it at the same time.
Just some thoughts I had.
Gm. AIVA is the androgynous chip that broke off of the main blockchain & mutated into a cyborg computer chip. Its mission is to make AVAX the leader of AI & consumer tech on the blockchain. A group of AIVA is called an AIVAX (plural). By holding $AIVAX you will soon become a member of the AIVAX tribe & help AVAX complete its mission for AI & tech domination. If you should choose to be one of us, presale applications are currently on Day 3. The future is (AI)VAX.
@cz_binance Protect users and privacy. Its time to BNB to sign partnership with @nillion and gain opportunity to ecosystem projects to rich true protection and privacy.
Billions must Nillion!
#BlindYourself#NIL, #Nillion
@liquidityXBT@nillion "Filter as many qualified users as possible" nope, they filtered out farmers like you and gave bigger allocation to true community members
@web30708 the funny thing is that "Nillion Airdrop Humiliation: A Joke of 80,000 People Fighting for 100 Tokens" - you are one of them. The whole this post is written ONLY because you've not received airdrop lol. Just be better and stop FARMING projects - start be INTERESTED in projects.
Do you want to bet on a few millionaire stories or position yourself for a trillion-dollar market?
∘ Memecoins treat you as exit liquidity.
∘ Market Volatility can never be controlled.
∘ RWAs are tied to real-world economic value.
All attract capital. One prints paper wealth, the other builds sustainable financial infrastructure.
The choice is yours.