I am preparing for some TGE fud from the people who locked up $20 worth of $prime 4 days before token launch and expect to buy a helicopter yacht off of $Prompt initial drop. I just hope some of them actually tested out the product and understand what Wayfinder is now.
Prompt TGE & Monthly Calculator !! [ Disclaimer] This is based on the assumptions listed
While we wait for the @AIWayfinder team to provide the Points to Prompt conversion, I had written a detailed post on some thoughts on the Prompt TGE and some doubts on how much value it will give to new cachers. Created a small calculator that lets us understand the Value that we get from our points.
Key Considerations -
1. Each points have same weightage.
2. 18 % of the 40 % tokens will be on TGE for Cachers.
3. Assumed that post TGE, monthly points will be used going forward post TGE.
4. No new cachers ( which is wrong but for arguments sake lets go ahead with )
5. taken the current total Prompt points from here ->https://t.co/DofkaRvlDM
All you have to do is use this link - https://t.co/9LjhSwaq6m
Enter the points that you have accumulated again use the netlify app and the weekly points
Enter the FDV you expect for Prompt. You will get view of the amount of value you can expect in TGE and going forward. This should give a more accurate picture. Again this will be hugely impacted by the points to token conversion.
@NaesYelof @AIWayfinder@ParallelAiRev@BeauWilltweet@jcrew_eth@beijingdou Thoughts on this calculation?
With all the bull-posting on @AIWayfinder#prompt $prompt wanted to discuss few pointers which may impact the token negatively. (Disclosure - I have max staked tokens)
1. wallet concentration of whale stakers
I think the distribution will be done linearly ? (Not confirmed) This will mean the top 100 wallets will control a huge volume of supply.
2. Impact of TGE.
With around 15% of the community allocation being dropped in TGE how will this impact future stakers? Does this mean monthly points will count going forward ? Won't this deter new stakers?
3. Utility.
I assume we will have a staking mechanism as right now the token does not have utility with the wayfinder protocol still in alpha.
Thoughts @NaesYelof @ParallelAiRev@ParallelTCG
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I forced a bot to watch over 1,000 hours of startup pitch meetings and then asked it to re-create a startup pitch meeting of its own. Here is the first page.