chipdegods.eth

We will be releasing 2 art updates to Season 3. [Season 3.1] will be strictly layering and generator fixes, and will be released this week. [Season 3.2] will be all the changes based on the feedback, and will be released end of next week. More updates coming soon ⚡️

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chip_dub_sniper retweeted

Prince Akeem (33.3%)

@PrinceAkeemNFT

almost 3 years ago

My kids can see all of their friends on snap map. Would be fun to have that for verified @DeGodsNFT holders (only when using the app). There would be random meetups everywhere. BTW, I did all the verification stuff. DeGods account can re-follow me now. I’m legit, I promise.

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chipdegods.eth @chip_dub_sniper

almost 3 years ago

@DeMagic33 Yea he’s not out for himself

chipdegods.eth @chip_dub_sniper

almost 3 years ago

Great words from a great guy!! Much love for this mfer fr...

NFT Doctor

@NFTDoctor33

almost 3 years ago

My thoughts about the current state of @DeGodsNFT. Warning. This tweet gonna be long as fuck. Little bit of my background in the community: I invested in DeGods right before the paper hand bitch tax was cancelled (about 18 months ago). I liked their art and decided to buy 2, after experiencing being a holder I decided to buy 4 more (spent about 30 SOL for all 6, which was half of my crypto portfolio at the time). I got some friends in there early, too, @gaurwrath and @chip_dub_sniper and we all are still holders today. I made many friends there, and spent countless hours chatting away with people about life, about investments and some stupid shit we all do :). I was able to buy a house for my sister and also bought myself a @solBOOGLE thanks to the profit that I took over time. Yes, I wasn't just holding, I was always swing/trait trading and managed to up my DeGods bag from 6 DeGods to almost 30 DeGods over time despite taking profit constantly. I was always a very vocal supporter of the project, and tried my best to help/contribute to the project too. I gave many people good trait-trading advice in the community, I worked as an alpha caller and also co-founded X+. Now that you know my background let's go forward with S3: Firstly, my thoughts about the team. I personally believe that they always have the best intentions for their community. Unlike many other NFT projects, they truly like giving away free shit and then finding a creative way to raise the funds for their team. DeadGod upgrade was for 1k Dust which we got for free for staking our DeGods. y00ts mint price was 375 Dust, which again was freely minted by holders who were staking their gods. Lastly, the S3 art update was 333 Dust (this price gets lower by 33% every month). And all of this money goes to the points parlor rewards. A DeGod staked since day one would make an average of 3k Dust which is more than enough to pay for everything mentioned above. One could argue that the team minted 500 BTC Gods for 0.33 BTC and made 5m USD from it. But these gods were bought by the team on the secondary market as part of their PHBT roadmap and the team burned over a million USD doing that. Besides that, they listen to the community and provide new content to enjoy their time in Web3, with new art, y00ts mint and basketball games due to the purchase of Killer 3s. Regarding their 2 big decisions: 1) Bridging to ETH: I have always been a big supporter of the Solana Ecosystem and have a good chunk of my portfolio invested in SOL and my pfp reflects that. I believe that DeGods had no more growing room in SOL (DeLabs ecosystem was making 80-90% of the NFT trading volume on SOL before the bridge). This might of course change in the future. I can see SOL NFT ecosystem thriving during the next bull run due to user experience and superior tech but currently, ETH is where the money is at. I was not happy with the timing of the announcement of this decision (SOL was having a very bad day due to the FTX crush). I was vocal about this. I complained in the discord (of course got clowned by some holders lel) and also sent a long ass message to @frankdegods about my concerns regarding the timing. The bridging turned out to be a good decision in terms of floor price. Just the bridge hype itself was enough to pump the floor from 400 SOL to 900 SOL and DeGods FP reached 1.1k SOL at ATH on ETH. I don't think that this would be possible on SOL during the current market situation considering how bluechip projects perform on SOL (and also ETH). 2) The art direction: I like the new art, I can see that they listened to the community and addressed all the rugged traits (knives, sticks etc.). However, the direction of the art might not be the best for the community, since many who are used to very detailed art see less detailed art as a downgrade. So what went wrong? 1) The NFT market: The entire NFT market is suffering atm and many people saw big projects losing their value over time (some were more brutal than others e.g. Azuki) This put fear into people's minds and many long-term holders were scared to hold and outsiders were scared to buy. 2) High expectations: The community's expectations were over the roof and the team contributed to this with their statements. They, in the end, realized this was an issue and decided to lower expectations but this did not work out. 3) S3 execution: Their execution was so bad that many people thought that this must be a marketing stunt and started to craft theories around this. Even I could not believe what I saw and thought that there might be a possibility that this could be the case. Imagine working on smth for a long time and after you share it, your holders think it was a joke or marketing stunt. That must be really brutal for the team too💀. 4) Points Parlor: Again was hyped a lot by the community and the team. Although it is a good concept to give back to your holders, it still has many flaws (e.g. giving out 0.1 Dust as a prize or prizes that are only available for those who live in the US). Thoughts after the dump: 1) Twitter FUD: Unfortunately, NFT Twitter has developed a culture of celebrating others' losses. Nothing makes people happier than seeing others lose money so that they can say they were right. For DeGods, this is at a more extreme level because mostly the same people were warning about the dump of DeGods for over a year. They were always wrong. Until today. And they feel so happy finally being right and are celebrating here on Twitter, so I understand them. I personally believe that everything is fair game on Twitter, but celebrating others losing money certainly is not inviting for newcomers to web3. 2) The team's response: They held AMAs all day yesterday. Answered people's concerns and are willing to work based on what they heard. I think this is a good start. 3) The community: Unfortunately, the community lost many OG members yesterday. This is the hardest thing to recover from and it will take time. I was awake until 3am yesterday, DMing community members to make sure that they were doing okay because I know from first-hand experiences that this shit could be brutal (FTX 💀). 4) Trust: DeGods community has had a lot of dumps, e.g. post t00bs mint, FTX etc. But none of these dumps were due to misdoings of the team. But this time, there was a real fuck-up and some people lost their trust in the team (this again will be hard to recover from). Finally, my current stance: as mentioned before, I'm a trader, I made my way up to 30 Gods from 6 Gods. The number of Gods I constantly hold changes depending on the announcement cycle. Before large announcements/steps, I always take loans (with high LTV and APY) to be safe and protect myself from selling the news events. This again was the case and I took loans for 20 out of my 30 DeGods, and thanks to that, I did not take a huge hit. Yesterday after seeing the market's reaction to the points parlor, I sold 7 out of my 10 S2 DeGods and then bought 7 S3 DeGods back (0.5 ETH cheaper each) to save myself from S3 DUST costs. I will be holding at least 10 DeGods to have access to the X+/DeGods community and support the team and community as long as I can see that the team is listening to us holders and trying to do the right things. To finish with: My heart goes out to all my fellow DeGods holders, it was a brutal day for all of us. I hope that we can survive this shit and come back stronger than ever. Cheers and out🫡