Is $RIO really the king of RWA ? || 🧵The truth about @realio_network
Today, we are publishing our investment case on $RIO. Unlike our usual approach, we believe it may not represent a favorable investment opportunity !
We feel it is important to address this today given the amount of shilling surrounding $RIO by KOL's who are omitting critical information for informed investment decisions.
TLDR: $RIO has not tokenized any asset (except its own products). The token has no utility. Team is not transparent with the community and has a poor track record.
Btw, the number of red flags is just mind-blowing.
If you believe $RIO is the 'King of RWA', have a look at our analysis below, you'll probably change your mind 👇
A collaboration research between @YrileC & @GL_Capital_
Welcome to THE FUTURE of #NFT, welcome to $pdx.
NFT:Evolution 2 is shining☀️, the team of developers are finishing the platform within the next 15 days.
https://t.co/95qnbMeDIG #nft#hybridnft#crypto#GeminiFourth
We've been in ‘build mode’ with #KOMPETE for the last 3+ years and recently A LOT of stuff is coming together. 🚀
Here's a mega 🧵of everything we’re working on, and what you can expect to come next!
Our L2 integration is now here! We are live on @base!
Contract: 0x8f019931375454Fe4EE353427eB94E2E0C9e0a8C
Uniswap: https://t.co/kO66Edu435
A couple notes:
1. If you are a current holder, you do not have to do anything, but you can bridge your existing KOMPETE Token over to Base for cheaper fees using https://t.co/hc3VoUybye.
2. The KOMPETE Token supply stays the same. No new tokens were created.
Introducing KOMPETE v0.36! Download link is in the bio.
Notable changes:
➡️New vehicle: The kart is now a spawn item.
➡️New POI: K2 Raceway.
➡️Integrated Easy Anti-Cheat software.
➡️New weapon audio in the Blitz Royale.
➡️New shield VFX in the Blitz Royale.
➡️New ads & billboards on Mahzookoo Island.
➡️Safe circle changes.
➡️Lots of bug fixes.
➡️And more.
Patch notes below! ⬇️
THE STATE OF THE GAME
𝐊𝐎𝐌𝐏𝐄𝐓𝐄 | $KOMPETE
@KOMPETEgame | #KOMPETE
KOMPETE - Diving into the February State of the #web3gaming - the most exciting updates and alpha for you! For the full scoop, including the AMA segment, check out the recording on X.
#crypto#gaming #kompete #web3 #web3gaming #battleroyale #pcgaming #pcgamer
-- Magik Krypto Monkey On YouTube --
https://t.co/FlyiqikKzo
-- LINKS --
Kompete Main site :
https://t.co/yw6qKGe6B5
Kompete Epic store : https://t.co/y3EDj4pFzt
Kompete AMA https://t.co/SHAdqpSNM4
Kompete State of the game https://t.co/ByfLS5tpus
Kompete Patch 0,36 https://t.co/Mb1Nw0Ezgz
Kompete X :
https://t.co/ZAKheHUYug
Kompete Telegram : https://t.co/2YTEHqKjYy
Kompete Discord :
https://t.co/OqfURiGXQp --
-- OTHER --
Music I use: https://t.co/Bo3davKXHC License code: CUQWKYWDGIRQGTJM
I'm giving away $250 of KOMPETE Token because we're starting to test cars in @KOMPETEgame!
To enter:
1. Retweet this.
2. Follow @DastroBTW + @KompeteGAME.
I'll pick a winner in ~72 hours. #KOMPETE
🚨 #KOMPETE HUGE ALPHA DROP🚨
The below highlights are from the @KOMPETEgame AMA held on Feb. 14th by the team!
Note: Strongly encourage everyone to listen to the recording below, it was one of the best yet!
REMINDER: Still in Early Access!
1) The battle ticket has proved to be effective!
2) 1300+ Daily Active Users with the January ticket being claimed by 60% more from the December ticket!
3) Mobile optimizations continue!
4) Apple @AppStore 'Sooner' than Later! Working on RAM optimizations. The 'PORTING' is DONE!
5) Each update is allowing increased older #Andriod phones to play the game via @GooglePlay
6) New technical artists have been brought on to the team over the past couple months to rebuild the character from the ground up. This will allow for a greater level of cosmetic utility, physics, and further mobile performance! Visually the character will not look any different than it does now. Close to release!
7) @BASE integration coming SOON! @Coinbase has already done a full audit of the KOMPETE token and contracts! Working with #Coinbase has been super easy and efficient. KOMPETE token is officially on #BASE and liquidity pools will be set up on BASE within the next 1-2 weeks. Fees would be less than 0.50 cents USD per transaction!
8) With regard to BASE, nothing changes with the KOMPETE tokenomics or contract, all stays the same.
9) After the token is fully enabled on BASE, the next step will be to enable the cosmetics and KONVERT system on BASE. Will be a little more in depth than the token setup, though the team feels confident it will go smooth!
10) KONVERT is in the final testing stages. The DEV work is done. KONVERT is what will allow #Web2 cosmetics to convert to a #Web3 NFT
11) Once KONVERT goes live, version 1.0 of the Marketplace Bazaar will go live where KOMPETE cosmetics can be sold in exchange for the KOMPETE token! Version 1.0 will be pretty basic, version 2.0 of the Bazaar will bring further advanced functionality, such as consolidated orders, supply stats, etc.
12) Once version 1.0 of the Bazaar is live, it will be integrated into BASE!
13) These processes are extremely complex and KOMPETE is the first to use Web2 / Web3 technology in this manner! The team has done wonders!!!!!
14) Report system was implemented a couple updates ago and is working!
15) New POI coming soon! Very large with a lot of excitement around it! At least 10 new POIs have been built waiting for release! The island is growing!
16) Anti-cheat system will detect cheat engines (easy anti-cheat will be used). Will be pushed within the next couple updates. Repeated users caught cheating will end up having their GPU ID banned as a last resort. First step is banning of IP Address only.
17) VEHICHLES are COMING to the BR mode! Many are planned with the first being the KART!
18) The team has received the official @Playstation DEV kit! KOMPETE has been a Playstation partner for awhile now and development will begin VERY SOON!
19) Review the recording for player asked AMA questions starting at 33:06!
PURE SPECULATION on my part and not from the team! 👇👇👇
COINBASE was mentioned 14 times during the AMA. It was mentioned how COINBASE is the leader, the one to trust and how they are building systems for ease of onboarding. So for all those people that say 'WEN CEX', be patient, have faith and in time we all may be pleasantly surprised one day in the LONGTERM!
The team is actively building and cultivating a great working relationship with COINBASE with the BASE integrations and COINBASE functionality!
Final Thanks:
@DastroBTW @Ethan_KOMPETE @moonbagsgalore and the DEV team! We as in the KOMMUNITY appreciate all you have done over the past 2+ years. Dastro (Justin) has a vision, a vision that is long-term and one that will last! Thank you for all you do, thank you for the transparency, and thank you for listening to the playerbase! You all Rock and https://t.co/7JrpYzFB2K is seriously the best developed #Web3game!
https://t.co/dxoo6nemlF
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